Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the second phase expansion of its third International Business ExchangeTM (IBX®) data center in Singapore, known as SG3. When complete, phase two of SG3 will see an additional 2,000 cabinets, bringing its total operational capacity to 3,000 cabinets. This brings Equinix's total investment in Singapore to over $350M. The second phase expansion is an indicator of Equinix's continued commitment to the region, where market demand for leading data center services from cloud and financial sectors is growing.
Since March, Equinix has opened five new data centers across four continents with locations in New York, Singapore, Melbourne,London, and Toronto. This has not only greatly expanded Equinix's global footprint, but the increased capacity also strengthens its ability to help global companies connect directly to a large network of partners, customers and employees. With more and more businesses collaborating across borders and a range of platforms, Equinix is a key proponent of the interconnected era and, together with the Equinix Cloud Exchange, is bringing people and businesses closer together to accelerate business growth.