Equinix Acquires 34 Acres of Land in Ashburn for Interconnection Data Center Expansion

Monday 06 March 2017

California - MENA Herald: Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it has purchased four parcels of land spanning 34.5 acres in Loudon County, Virginia, proximate to Equinix’s current Ashburn data center campus. The acquisition of this property will provide Equinix with room to build multiple new greenfield International Business ExchangeTM (IBX®) data centers in this densely interconnected location.

The four parcels, purchased for $34.5 million, are proximate to the main Equinix campus in Ashburn, at the corner of Waxpool Road and Loudoun County Parkway.

The Equinix facilities house rich ecosystems that allow network and content providers, cloud and IT services providers, and enterprise and government customers to quickly and efficiently exchange critical data with their customers and partners as they interconnect at the digital edge.

“The increasing pace of the shift to digital is having a significant impact on global businesses, pushing their IT operations closer to the digital edge where their customers, partners and employees are located. The acquisition of this property will enable Equinix to accommodate the growing number of global companies that are solving the digital edge through interconnection with the robust ecosystem of strategic business partners located at Equinix’s Ashburn campus,” said,” Karl Strohmeyer, President, Americas, Equinix.

The acquisition of the Ashburn property is a continuation of Equinix's strategy to purchase land and buildings to increase ownership of Equinix assets. Over the last four quarters, Equinix has purchased land to expand key campuses in Ashburn, Silicon Valley and Chicago, and it has purchased Equinix IBX buildings in Amsterdam, Paris and Rio de Janeiro.

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