Data Center News

Read Largest Data Center Funding Deals In Q2 of 2021
Largest Data Center Funding Deals In Q2 of 2021

Largest Data Center Funding Deals In Q2 of 2021

July 24, 2021 Equinix

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data center...

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Read Equinix strives to balance expansion with its eco targets
Equinix strives to balance expansion with its eco targets

Equinix strives to balance expansion with its eco targets

July 23, 2021 Equinix

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, ​​the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy...

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Read Equinix promises to cut emissions by 50 percent before 2030
Equinix promises to cut emissions by 50 percent before 2030

Equinix promises to cut emissions by 50 percent before 2030

June 17, 2021 Equinix

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

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Read Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program
Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

June 15, 2021 Equinix

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program. The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

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Read Equinix is Exiting Eight Leased Data Centers In The US
Equinix is Exiting Eight Leased Data Centers In The US

Equinix is Exiting Eight Leased Data Centers In The US

May 10, 2021 Equinix

Equinix has announced that it would not be renewing the leases for eight of its data centers in the US. The data centers are situated in New York, Georgia, and some in California and Atlanta. Equinix commented that the reason for the development is that some of the facilities don’t meet the...

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Read Equinix prices $2.6 billion "Green" Bond Sale
Equinix prices $2.6 billion "Green" Bond Sale

Equinix prices $2.6 billion "Green" Bond Sale

May 04, 2021 Equinix

Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental...

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Read Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada
Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

October 01, 2020 Equinix

Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal...

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Read Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)
Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

June 08, 2020 Equinix

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior Notes...

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Read Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico
Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

January 09, 2020 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexico....

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Read Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)
Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

October 04, 2019 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it has entered into an agreement with Axtel S.A.B. de C.V. (BMV: AXTELCPO) to acquire three data centers that serve the Mexico City and Monterrey metro areas of...

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Read Equinix Appoints Jon Lin as President, Americas
Equinix Appoints Jon Lin as President, Americas

Equinix Appoints Jon Lin as President, Americas

June 17, 2019 Equinix

Congrats to Jon Lin who was promoted by Equinix to President of the Americas. Jon will oversee existing operations in North and South America. Equinix Press Release: REDWOOD CITY, Calif – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it has...

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Read Eugene Henegouwen is Appointed as President of EMEA for Equimix
Eugene Henegouwen is Appointed as President of EMEA for Equimix

Eugene Henegouwen is Appointed as President of EMEA for Equimix

April 15, 2019 Equinix

Equinix has appointed Eugene Bergen Henegouwen as the new President of EMEA. Eugene has been at Equinix since 2013. Since that that time, he has held the role of SVP of Sales in the EMEA region, overseeing the tripling of revenue in the region over the last 6 years. Before joining Equinix,...

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Read Equinix Says Its New Wholesale Data Center Business is Much Bigger Than Previously Thought
Equinix is in the sweet spot to capture a bigger share of the wholesale data center market, which are generally deployments larger than 1 megawatt. Equinix's Interconnection ecosystems are a strong...

Equinix Says Its New Wholesale Data Center Business is Much Bigger Than Previously Thought

July 09, 2018 Equinix

Equinix is in the sweet spot to capture a bigger share of the wholesale data center market, which are generally deployments larger than 1 megawatt. Equinix's Interconnection ecosystems are a strong magnet, even for larger compute deployments. The mid-point of guidance for Equinix’s new wholesale...

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Read Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]
Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

May 01, 2017 Equinix

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billion...

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