Today, we are announcing an exciting new joint venture with GIC to develop and operate hyperscale data centers in Europe. For the past several years, an important trend has been the expansion of large-scale facilities to support the growth of hyperscale companies, including the world’s largest cloud service providers.
Over the last 20 years, Equinix has been a catalyst for global digital transformation. This is especially true of our time in EMEA so far, and it remains central to our future vision to continue to build our global interconnection and colocation platform in the countries where we operate in EMEA.
The Index points to various trends spurring Interconnection growth in Europe, including data sovereignty and the need for firms to exchange data with each other in-region. And it cites the evolution of the European public peering model, which is moving toward more private direct connection.
In just the last week, Equinix has closed two deals in two EMEA locations separated by 2,000+ miles. But both deals illustrate our commitment to a single strategy that’s long driven Equinix: steady, careful expansion ahead of demand for Interconnection, which digital business is increasingly realizing it can’t do without.
Equinix expands continuously and carefully – to give customers the most choice of what markets they can deploy in. Our expansion activity in EMEA in the first half of 2017 is more proof of how committed we are to this strategy.
Equinix data centers house a growing cloud ecosystem with access to more than 500 CSPs, including Amazon Web Services, Google Cloud Platform, IBM SoftLayer, Microsoft Azure/Office 365, Oracle Cloud, VMware vCloud Air and Salesforce.
We’re excited today to announce that we’ve completed our acquisition of TelecityGroup in a deal that extends Equinix’s interconnection platform into seven new markets and doubles our European capacity, making us by far the region’s largest data center company.