Equinix Completes Acquisition of ancotel
Network-dense colocation and connectivity campus in Frankfurt adds 200 new networks to Equinix in Europe
REDWOOD CITY, Calif. & FRANKFURT--(BUSINESS WIRE)-- Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced it has completed its acquisition of ancotel GmbH, a leading provider of carrier-neutral colocation and interconnection services in Europe.
The acquisition adds more than 400 network, cloud and content customers to Equinix. This includes 200 new networks and an additional 6,000 cross connects. In addition, Equinix adds one data center to its Frankfurt campus and now operates 21,000 square meters (223,000 square feet) of data center capacity across five data centers in the Frankfurt market. As part of the acquisition, Equinix also gains edge nodes in Hong Kong, London and Miami, providing additional points of presence in these markets. One of the world’s busiest data hubs, Equinix’s Frankfurt campus offers a broad mix of networks from Western and Eastern Europe, and significant growth opportunities for customers looking to expand their data center footprint globally.
“As a leading interconnection hub for networks throughout Europe, ancotel brings highly complementary capabilities to our European business that increases our network density in the region and offers a strong interconnection infrastructure that will provide our customers with a platform for growth in Europe and beyond,” said Eric Schwartz, president, Equinix EMEA.
Equinix, Inc. (Nasdaq: EQIX) connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. Platform Equinix connects more than 4,000 enterprises, cloud, digital content and financial companies including more than 900 network service providers to help them grow their businesses, improve application performance and protect their vital digital assets. Equinix operates in 38 strategic markets across the Americas, EMEA and Asia-Pacific and continually invests in expanding its platform to power customer growth. http://www.equinix.com.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include risks and uncertainties associated with our acquisition of ancotel, including, but not limited to, the risks of international operations and the challenges of realizing expected synergies. We also face other general risks, including, but not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix’s filings with the Securities and Exchange Commission. In particular, see Equinix’s recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.
Equinix Media Contacts
Melissa Neumann, +1 650-598-6098 (Global/US)
Liam Rose, +1 415-318-4380 (Global/US)
Camille Pomey, +44 (0)20 8846 0789 (EMEA)
Equinix Investor Relations Contact
Katrina Rymill, +1 650-598-6583
Source: Equinix, Inc.
Released July 3, 2012