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28 May 2015
Equinix has announced plans to expand its footprint in Hong Kong with a $40 million investment.
will use the financing to build the third phase of its second
international business exchange (IBX) data centre, HK2, as well
as the ninth phase of its first data centre, HK1.
facilities are being expanded in a bid to meet increasing
demand for data centre and interconnection services from cloud
and content and digital media companies in Hong Kong.
strong momentum of cloud and content companies deploying in
Hong Kong, as well as data centre services demand from
worldwide customers including many in China, it was a clear
strategic business decision to expand our presence in Hong
Kong," said Alex Tam, managing director at Equinix Hong
investment in HK1 and HK2 further positions Hong Kong as an
important regional hub, not only for financial services firms,
but for cloud and content companies as well."
phase of HK2 will see the implementation of an additional 900
cabinets – bringing its total to 2,350 – and
is due to open in Q4 2015.
In June last
year, Equinix launched the
Equinix Cloud Exchange in Asia-Pacific.