Equinix San Jose SV3 News

Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at leas...

Equinix has appointed Google Cloud executive Adaire Fox-Martin as its new CEO to succeed Charles Meyers, who has led the company for six years. Fox-Martin who has led Google Cloud's go-to-market teams globally since early last year, has been a member of the Equinix board of Directors since 20...

Equinix has deployed a 1MW rooftop solar system at its ME1 International Business Exchange (IBX) data center at 578 Lorimer Street, Port Melbourne. The company has now completed the installation of rooftop solar systems at eight of its facilities, including Brisbane, Canberra, Melbourne, and ...

Global colocation giant Equinix recently announced that it has signed a power purchase agreement (PPA) for 151MW of wind power in Australia. The company will  pay for 20 percent of the first phase of the giant Golden Plains Wind Farm project, which is being built in rural Victoria, not far fro...

Michael Winterson has left colocation provider Equinix after 24 years to take on the role of managing director for the European Data Centre Association. Winterson wrote on LinkedIn, “Exactly 24 years ago I started my data center career at IXEurope, not 300 meters from our current Equinix offic...

Equinix is now one of the top ten largest green bond issuers in the United States after allocating $4.9 billion in green bonds to building and efficiency projects. These bonds will fund 172 green building projects on 105 sites, along with 33 energy efficiency projects. Equinix first issued gre...

Colocation firm Equinix announced this week that it plans to expand support for liquid cooling technologies – including direct-to-chip – to more than 100 of its International Business Exchange (IBX) data centers in more than 45 metros globally. Tiffany Osias, VP of global colocation at Equinix...

Equinix announced this week that it signed a ten-year Power Purchase Agreement (PPA) to procure solar energy in Portugal Sonnedix’s first Portuguese solar PV project, the 149MW Sonnedix Douro. Axel Thiemann, CEO of Sonnedix, said, “We are very pleased to be extending our relationship with Equi...

OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company ...

OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.”  Mira Murati, OpenAI’s chief technol...

An outage at an Equinix data center on Saturday brought DBS and Citibank banking services in Singapore offline. This outage also affected other services in its Asian region including the Philippines, Hong Kong and India as people complained about having issues with Facebook, Instagram, WhatsAp...

Equinix will invest $42 million in a new data center in Mumbai, India. The MB4 data center is anticipated to be operational by the end of the fourth quarter 2023. The MB4 data center is in the Kalwa Industrial Area, approximately 9 miles from the company's two other IBX data centers in Mumbai....

Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment d...

Equinix has announced that, through a partnership with a number of different companies, it will connect to a new district heating scheme in Frankfurt, Germany. In collaboration with Vonovia, AS Enterprise, and EB-SIM, the group aims to build a heating network for the bizonal residential area ...

As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to b...

This week, the company revealed the opening of TY13x. Situated in the Inzai region and opposite TY12x, TY13x provides 8MW in the first phase and 36MW when fully constructed. In October 2019, Equinix partnered with Singapore's GIC sovereign wealth fund to develop hyperscale centers under the xS...

Invesco has purchased a data center in San Jose, California, run by Equinix. Mercury News reports that the Sobrato Organization recently sold 1735 Lundy Avenue in San Jose to Invesco Real Estate for $86.3 million, citing documents from Santa Clara County.The single-story building encompasses 1...

Equinix is expanding its data center footprint in Malaysia, with plans for a new data center in Kuala Lumpur called KL1, which, the company said, will provide greater digital infrastructure capacity in the country. The new facility, which follows the company's announcement of JH1 in Johor, wi...

Equinix has announced that it is opening its third International Business Exchange (IBX) data center in Dubai, which, at full build-out, will offer 1,800 cabinets of capacity across two phases or a total footprint of 12,000 square meters (135,000 square feet). The facility will support the co...

This week, the San Jose City Council unanimously authorized plans for a sophisticated manufacturing complex and data centers in North San Jose. Denver-based STACK Infrastructure plans to destroy two industrial buildings on a nearly 10-acre parcel, including a former Olympus service center, and...