Equinix to spend $54m to expand SY4 data centre
Equinix will invest US$42 million ($54.3 million) to expand its SY4 data centre in Sydney, doubling the total capacity to 3000 cabinets.
SY4, the company’s fourth data centre in Sydney and part of the company’s global network of what it calls International Business Exchange (IBX) data centres, will be expanded by the end of the year.
SY4 opened in August last year. It is connected via dark fibre to Equinix’s other three facilities in the city.
The Sydney facilities allow companies to set up direct links to Australia’s two largest internet peering points as well as key international subsea cable systems. The soon-to-be-launched Hawaiki cable between Australia, New Zealand, Hawaii and the continental US will terminate in Australia at the SY4.
Together with Melbourne facility ME1, Equinix’s network of data centres in Australia supports over 725 companies, including over 155 network service providers and over 275 cloud service providers.
Equinix’s Australian facilities form part of the company’s global footprint of 179 IBX data centres in 44 markets, including 29 across APAC.
“With more enterprises and managed service providers moving to the cloud, including for security and data protection, additional data centre capacity in Australia is growing in demand,” commented Foad Fadaghi, managing director of Australian analyst company Telsyte.
“There is also an increased desire among CIOs to leverage a highly interconnected IT architecture, and providers that have location and interconnectivity advantages are best suited to deliver value to clients.”
Deal adds four new capital city markets, including 20,000 square metres of gross co-location space.
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