PR Newswire
REDWOOD CITY, Calif. and OSAKA, Japan, Nov. 25, 2020
REDWOOD CITY, Calif. and OSAKA, Japan, Nov. 25, 2020 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company, today announced an initial investment of US$55 million to build its third International Business Exchange™ (IBX®) data center in Osaka, Japan. To be named OS3, the new facility will further expand Equinix's footprint and enable local and global businesses to harness Platform Equinix® to bring together and interconnect the foundational infrastructures that power their success.
Osaka is home to the second-highest concentration of businesses in the country and has become a hub for startup companies and innovation. It is gearing up to become Japan's next international financial center and drive the growth of the digital economy. With numerous businesses related to energy, healthcare and medical services, and manufacturing, Osaka has evolved to become a prime location for data centers in Japan, the second largest following Tokyo.
OS3 will offer close proximity to major internet and peering exchanges and a vibrant ecosystem of network, cloud and digital content providers. It will also offer direct, low-latency connections to the large Kansai region, which consists of major cities including Osaka, Kyoto and Kobe. This will allow digital leaders to leverage OS3 to scale and utilize digital infrastructure for optimal performance. OS3 is scheduled to open in Q4 2021.
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About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, including statements about interconnection bandwidth growth, the rate of adoption of digital transformation, and the benefits of the network effect. Actual results may differ materially from expectations discussed in such forward-looking statements and the predictions made from the Global Interconnection Index. Factors that might cause such differences include risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix 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.
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SOURCE Equinix, Inc.
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