Equinix (Nasdaq: EQIX) is expanding its Silicon Valley data center presence yet again with the opening of its eighth International Business Exchange (IBX) data center in San Jose, Calif.
Supporting the growth of Equinix's customers who are connecting to their digital supply chain partners, the new Silicon Valley-based center extend its capabilities to 91 data centers in 35 major global markets.
The first phase of its latest data center expansion effort, which cost $103 million, will add 125,000 square feet and cabinet equivalents to Equinix's global platform of more than six million square feet of data center space.
By connecting the new IBX facility to its Silicon Valley campus, Equinix will be able to simultaneously solidify its peering, cross connect and traffic exchange services and help its customers extend their respective market reach. In total, Equinix estimates that the data center upgrade project will cost about $148 when it completes all phases of the project.
Equinix's latest data center expansion speaks to the growing demand from carriers, third-party cloud application providers (Microsoft, Salesforce.com, and EMC) and even enterprises that are requiring more data center space and services to run their respective businesses.
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