Company type | Public |
---|---|
ISIN | US29444U7000 |
Industry | Internet |
Founded | 1998 |
Founders |
|
Headquarters | , United States |
Key people | |
Products | Data centers |
Revenue | US$8.19 billion (2023) |
US$1.44 billion (2023) | |
US$969 million (2023) | |
Total assets | US$32.7 billion (2023) |
Total equity | US$12.5 billion (2023) |
Number of employees | 13,151 (2023) |
Website | equinix |
Footnotes /references [1] [2] |
Equinix, Inc. is an American multinational company headquartered in Redwood City, California, [3] that specializes in Internet connection and data centers. The company is a leader in global colocation data center market share, [4] with 260 data centers in 33 countries on five continents. [2] [5]
It is listed on the Nasdaq stock exchange under the ticker symbol EQIX, and as of December 2023 [update] , it had approximately 13,000 employees globally. [2] The company converted to a real estate investment trust (REIT) in January 2015. [6]
Equinix was founded in 1998 by Al Avery and Jay Adelson, two facilities managers at Digital Equipment Corporation. The firm promoted its data center platform as a neutral place where competing networks could connect and share data traffic. [7] The firm capitalized on the "network effect," through which each new customer would broaden the appeal of its platform. [8] It expanded to Asia-Pacific in 2002 [9] and Europe in 2007, [10] followed by Latin America in 2011, [11] and the Middle East in 2012. [12]
In 2018, according to data collected by the online publication Sludge, [13] Equinix signed three contracts with the U.S. Customs and Border Protection to provide "information technology support equipment" totalling over $5 million. [14] In September 2020, the company shifted its branding to describe itself as a "digital infrastructure company". [15]
In 2002, Equinix merged with i-STT, the Internet infrastructure service subsidiary of Singapore Technologies Telemedia, and Pihana Pacific. [16] This established the company's presence in China, Singapore, Australia and Japan. [17] In 2007, the firm announced a $2 billion international expansion plan and entered the European market by acquiring data center operator IXEurope and its facilities. In 2010, Equinix opened its 50th data center, in London. [18] Over the next seven years, the company nearly tripled its data center portfolio, growth the company attributed to increased demand caused by the emergence of cloud computing, the Internet of Things and big data. [19] [20] [21]
In 2010, the company purchased Switch and Data Facilities Company, Inc., a U.S. internet exchange and colocation services provider. [22] The company extended its operations to the Middle East and in Southeast Asia in 2012. [12] [23] Also in 2012, it acquired Hong Kong-based data center provider Asia-Tone. [24] In 2014, Equinix increased its Latin American presence when it acquired ALOG Datacenters of Brazil S.A., the country's leading provider of carrier-neutral data centers. [11]
In 2015, Equinix converted to a real estate investment trust (REIT) to gain tax advantages and add shareholder value. [6] That same year, it acquired the professional services company Nimbo. [25]
In May 2015, Equinix said it would purchase the British company TelecityGroup, the largest acquisition in company history. [26] The offer was cleared by the European Commission in November [27] after Equinix agreed to sell eight of its data centers around Europe to Digital Realty, [28] [29] but it still retained Telecity Harbour Exchange data center in London Docklands. [30] In January 2016, Equinix completed the Telecity acquisition in a transaction valued at approximately $3.8 billion. [31] The addition of these data centers more than doubled Equinix's capacity in Europe. [32] In December 2015, the company purchased Japanese provider Bit-Isle, [31] adding six data centers in Japan. [33]
In 2016, Equinix opened new data centers in Dallas, Sydney and Tokyo [34] and announced a deal to acquire 29 data centers in 15 markets from Verizon. [35] In 2017, the firm also opened a new data center in São Paulo. [36]
In 2017, Equinix acquired Itconic, which expanded its data center footprint into Spain and Portugal. [37] [38]
In 2018, Equinix purchased the Dallas Infomart building, where it had already been operating four data centers. [39] It also acquired Australian data center provider Metronode and its 10 data centers. [40] The company opened its first data center in South Korea the next year. [41]
In 2020, Equinix finalized the purchase of Packet, a startup [42] that provided bare-metal servers as a cloud service. [43] The company expanded into India in August 2020, with the acquisition of GPX India, including a campus in Mumbai with two data centers. [44] [45] In October 2020, Equinix completed the acquisition of 13 Bell Canada data centers. [46] [47] The company also invested heavily in hyperscale xScale data centers. [48] [49]
On December 7, 2021, Equinix announced its acquisition of Main One, a West African data center and connectivity solutions provider, for $320 million. [50]
In March 2022, Equinix expanded into Chile and Peru with $758 million acquisition of 4 Data Centers from Entel. [51] [52]
In November 2022, Equinix announced its market entry into Malaysia with plans to build a new International Business Exchange (IBX) data center located in Iskandar Puteri, Johor Bahru, Johore called JH1. With an initial investment of approximately USD $40 million, JH1 is scheduled to begin operations in Q1 2024, providing 500 cabinets and 1,960 square meters of colocation space. [53]
This article contains wording that promotes the subject in a subjective manner without imparting real information.(October 2024) |
In 2015, the company made a long-term pledge to power its entire data center platform with clean and renewable energy. [54] The pledge followed criticism in 2014 from the environmental group Greenpeace, which said in an annual report on the environmental practices of Internet companies that Equinix had an insufficient commitment to renewable energy and carbon emissions mitigation. [55] The company signed deals with wind farms in Texas and Oklahoma to buy enough renewable energy to offset the energy consumption of its North American data center portfolio. [56]
In 2019, the U.S. Environmental Protection Agency named Equinix one of 17 Green Power Partners leading the transition to renewable energy. [57] [58]
In September 2020, Equinix priced $1.35 billion in green bonds to finance new and existing green projects. [59] At the same time, the company announced a Green Finance Framework to standardize transparency reporting for green debt disclosures. [60] [61] In November 2020, the EPA gave Equinix its 2020 Green Power Partner of the Year award. [62] [63]
In January 2021, Equinix joined the Climate Neutral Data Centre Pact, and therefore engaged to have data centres climate neutral by 2030. [64]
Equinix claims to have invested more than $25 billion in its data center platform. [65] The firm calls its data centers International Business Exchanges (IBXs). [66] In 2017, the company launched its own data center infrastructure management platform, IBX SmartView. [67] [68] The company's Internet Exchange service allows ISPs and enterprises to exchange Internet traffic through a global peering tool. [69] [70]
The Amsterdam Internet Exchange (AMS-IX) is an Internet exchange point based in Amsterdam, in the Netherlands. Established in the early 1990s, AMS-IX is a non-profit, neutral and independent peering point.
Telehouse is a major carrier-neutral colocation, information and communications technology services provider based in Docklands, London. Established in 1988, it operates eight facilities in London, Paris and Frankfurt. Part of the global Telehouse network of data centres, the brand has 45 colocation facilities in 26 major cities around the world including Moscow, Istanbul, Johannesburg, Cape Town, Beijing, Shanghai, Hong Kong, Singapore, Vietnam, Seoul, Tokyo, New York and Los Angeles. KDDI, Telehouse's Japanese telecommunications and systems integration parent company, operates data centre facilities in America and Asia.
Switch and Data Facilities Company, Inc. was a U.S. public corporation that provided network-neutral data centers and Internet exchange services to network-centric businesses. Switch and Data was acquired by Equinix in 2010.
Telecity Group plc, was a European carrier-neutral datacentre and colocation centre provider. It specialised in the design, build and management of datacentre space. It was listed on the London Stock Exchange until it was acquired by Equinix in January 2016.
The Equinix Infomart is one of the largest buildings in Dallas, Texas (USA). It houses mainly enterprise companies and data center providers. The building is supplied by five independent electric feeds to three separate electrical substations. It is also one of the most digitally connected buildings in the world, with over 8,700 strands of fiber optic cabling.
Verizon Business is a division of Verizon Communications based in Basking Ridge, New Jersey, that provides services and products for Verizon's business and government clients.
Jay Steven Adelson is an American Internet entrepreneur. In 2014 Adelson co-founded Center Electric with Andy Smith. In 2013 he founded Opsmatic, a technology company that improves productivity on operations teams. In 2015 Opsmatic was bought by New Relic. Adelson's Internet career includes Netcom, DEC's Palo Alto Internet Exchange, co-founder of Equinix, Revision3 and Digg, and CEO of SimpleGeo, Inc. In 2008, Adelson was named a member of Time Magazine's Top 100 Most Influential People in the World and was listed as a finalist on the same list in 2009.
Switch, Inc. is an American company based in Las Vegas, Nevada, that develops and operates the SUPERNAP data center facilities and provides colocation, telecommunications, cloud services, and content ecosystems.
Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation and interconnection services.
Internap Holding LLC, formerly Internap Corporation and operating as INAP, is a company that sells data center and cloud computing services. The company is headquartered in Norcross, Georgia, United States, and has data centers located in North America, EMEA and the Asia-Pacific region. INAP sells its Performance IP, hosting, cloud, colocation and hybrid infrastructure services through Private Network Access Points (P-NAP) in North America, Europe, Asia-Pacific and Australia.
Interxion is a provider of carrier and cloud-neutral colocation data centre services in Europe. Founded in 1998 in the Netherlands, the firm was publicly listed on the New York Stock Exchange from 28 January 2011 until its acquisition by Digital Realty in March 2020. Interxion is headquartered in Schiphol-Rijk in the Netherlands, and operates 53 data centres in 11 European countries located in major metropolitan areas, including Dublin, London, Frankfurt, Paris, Amsterdam, and Madrid, the six main data centre markets in Europe, as well as Marseille, Interxion’s Internet Gateway.
Network Access Point (NAP) of the Americas is a massive, six-story, 750,000 square foot data center and Internet exchange point in Miami, Florida, operated by Equinix. It is one of the world's largest data centers and among the 10 most interconnected data centers in the United States. It is located at 50 NE 9th Street in downtown Miami.
OVH, legally OVH Groupe SA, is a French cloud computing company which offers VPS, dedicated servers and other web services. As of 2016 OVH owned the world's largest data center in surface area. As of 2019, it was the largest hosting provider in Europe, and the third largest in the world based on physical servers. According to W3Techs, OVH has 3.4% of website data center market share in 2024. The company was founded in 1999 by the Klaba family and is headquartered in Roubaix, France. In 2019 OVH adopted OVHcloud as its public brand name.
Terremark Worldwide, Inc., is of IBM, a provider of information technology services. Headquartered in Miami, Florida, the company had data centers in the United States, Europe and Latin America; it offered services which include managed hosting, colocation, disaster recovery, data storage, and cloud computing.
Deft, a Summit company is an IT infrastructure provider of colocation, cloud infrastructure, IaaS, DRaaS, network connectivity, managed storage, and managed services in data centers across North America, Europe, Australia, and Asia. Some of the company's customers include CDW, Outbrain, New Relic, Ars Technica, Cars.com, and Shopify. In 2018, Deft was named one of the fastest-growing private companies in the United States by Inc. Magazine for the eighth consecutive year.
Lunavi, formerly Green House Data, is a data center and managed services provider headquartered in Cheyenne, Wyoming, United States.
Zayo Group Holdings, Inc., or Zayo Group, is a privately held company headquartered in Boulder, Colorado, U.S. with European headquarters in London, England. The company provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure. Zayo's primary customer segments include wireless carriers, national carriers, ISPs, enterprises and government agencies. Zayo Group was built largely through acquisitions; it took over thirty companies from 2007 to 2014, including AboveNet and 360networks. The company completed an initial public offering of stock raising $600 million in 2014. In 2020, Zayo Group was taken private by global investment firms EQT AB and Digital Colony Partners in a deal valued at $14.3 billion.
Alog is a data center firm that provides infrastructure services in information technology, colocation, hosting management and cloud computing. The firm was founded in 2005 and its head offices are located in Rio de Janeiro and São Paulo, Brazil.
Pulsant is a digital edge infrastructure provider, specialising in cloud, colocation and connectivity services.
Teraco Data Environments is a carrier-, cloud- and vendor-neutral data centre provider founded by Tim Parsonson and Lex van Wyk in 2008. On 1 August 2022, Digital Realty announced that it had completed the purchase of a majority stake in Teraco, previously controlled by Berkshire Partners, Permira and a group of investors.