Equinix Opens $82M Expansion of New York Data Center

May 5, 2009 by · Comments Off on Equinix Opens $82M Expansion of New York Data Center 

Web Hosting ToolsSECAUCUS, NJ – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced the opening of the second phase expansion of its New York-4 (NY4) International Business Exchange (IBX®) data center in Secaucus, NJ. ACTIV Financial, a leading provider of market data content and technologies, and next-generation displayed markets provider Direct Edge will be among the initial customers of the $82 million expansion, which will add 1,100 cabinets of capacity to Equinix’s data center footprint. The expansion space is currently 50 percent booked or reserved by customers, due to strong demand for data center services in the New York area. The company is evaluating customer demand for the third and final phase expansion of the NY4 center, which is currently in the design phase.

The NY4 center is Equinix’s fourth New York area IBX center. The $95 million first phase of the center was opened in November 2007 and is now nearly fully booked, with strong traction from the financial services industry in the region. At full build-out, the NY4 center will be Equinix’s largest in the U.S. to date at 340,000 square feet – the size of five football fields – with an annual revenue capacity of between $95 million and $110 million. It is directly linked to the three other New York area IBX centers through redundant dark fiber links managed by Equinix. Read more