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(WEB HOST INDUSTRY REVIEW) -- Data center operator Equinix (www.equinix.com) announced on Thursday it has acquired a 130,000 square foot data center in Frankfurt, Germany for $30 million, and will build out the third phase of the company's New York-4 International Business Exchange data center in Secaucus, New Jersey.
The announcements come as Equinix continues its global expansion plan where the company is currently expanding in 10 of the 18 markets in which it currently operates.
Last month, the company announced plans to build a 32,108 square foot data center in Zurich, Switzerland, which will double the company's footprint in Zurich.
Located in the southwestern region of Frankfurt on a seven-acre campus, the FR4 IBX center was formerly operated by Exodus Communications.
The facility has a total capacity of about 3,300 cabinet equivalents at full build out and 107,000 square feet of net data center and business continuity space.
Equinix will built out the data center in multiple phases, with the first phase expected to open in November 2009, adding roughly 1,700 cabinet equivalents.
Equinix will invest up to $10 million in the first phase to upgrade the facility to its specifications.
The $100 million Phase III expansion of the 340,000 square foot Equinix's NY4 center, which marks the final phase, will add 1,250 sellable cabinets.
Once the expansion is completed, the NY4 center will have a total of 4,050 cabinet equivalents at the opening of Phase III, expected in mid-2010.
The addition of Phase III makes NY4 the largest data center operated by Equinix globally.
The expansions will add capacity within two markets where the demand for quality network-neutral colocation space and network interconnection services continues to outpace supply.
Additionally, both markets have experienced a strong demand from financial services companies in the region.
"New York and Frankfurt continue to be strong markets for colocation and interconnection services, with significant growth from the enterprise, network and financial services industry,” said Steve Smith, president and CEO of Equinix. "Financial market participants rely on Equinix’s existing community of financial trading companies and electronic trading networks for low-latency order flow and trading. This key differentiator has enabled Equinix to build the leading ecosystems of financial market participants in both New York and Frankfurt, as well as other key financial markets globally."
With the new FR4 center, Equinix will have a total of 720,000 square feet of gross data center space across four different IBX centers in the Frankfurt market. The facility will be directly connected to Equinix's three other Frankfurt centers, allowing customers to interconnect between the four locations.
The NY4 center is the company's fourth New York area IBX center, all of which are directly linked through redundant dark fiber links managed by Equinix.
The $95 million first phase of the NY4 center was opened in November 2007 and is currently over 95 percent booked, while the $82 million second phase of the center, which opened in May 2009, is over 60 percent booked or reserved by customers.
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