Tuesday, October 17, 2017


Equinix invests $122m on standard-setting Silicon Valley data center



Colocation giant brings total investment on its Silicon Valley campus to nearly $400m as interconnection demand scales up.

Equinix (Nasdaq: EQIX) has brought its capital expenditure for this week alone up to $382m as the company announces the opening of a new International Business Exchange (IBX) data centre in Silicon Valley.

The $122m facility joins the company’s expansion into Portugal and Spain with the $260m acquisition of Itconic.

Named SV10, the site in California joins Equinix’s Great Oaks campus in San Jose which serves more than 625 customers and represents the second-largest internet exchange point in North America, according to Equinix.

With the addition of SV10, the operator has also bought the total investment in the campus to nearly $400m where it now operates 13 data centres.

The initial phase of SV10 will add more than 37,000 sqf of colocation space, and provides campus cross-connectivity into the adjacent SV1 and SV5 buildings.

It will include space for 930 cabinets, and two additional expansion phases are planned.  At full build, the facility will provide capacity for 2,820 cabinets.

 

Equinix Silicon Valley sites also include 125 network providers and cloud services such as AWS, Microsoft Azure, Google Cloud Platform, Oracle Cloud and others through the Equinix Cloud Exchange and direct connect services.

It will include space for 930 cabinets, and two additional expansion phases are planned.  At full build, the facility will provide capacity for 2,820 cabinets.

In terms of power, Equinix said SV10 sets the green standard for future Equinix IBX builds.

The company explained: “[SV10] is a LEED Silver Certified building that meets the strict water reduction standards and will feature indirect evaporative cooling (IDEC) technology which dramatically reduces water use; hot aisle containment; accessibility to and from public transportation; and rooftop solar and fuel cells for sustainable energy production.”

Karl Strohmeyer, President, Americas, Equinix, said: “Our Great Oaks campus features one of the highest densities of network and cloud providers within our global platform of IBX data centres. The interconnection opportunities for enterprise customers at this campus are vast, enabling customers within the region to expand their digital transformation.

“We are thrilled to be bringing our third facility at the Great Oaks campus online in this increasingly important and growing market.”