View all newsletters
Receive our newsletter - data, insights and analysis delivered to you

Equinix pledges $40m for Hong Kong colo expansion

Company launches third phase of IBX HK2.

By

Equinix will invest $40 million to expand its Hong Kong colo footprint, launching the third phase of its second International Business Exchange (IBX) data centre (HK2).

The company will also start the ninth expansion of its first data centre (HK1). Works are expected to be operational by Q4 this year.

The investment follows a 16% growth in the company’s content and digital media customers in 2014, as well as local demand from cloud, content and digital media (CDM) companies for data centre and interconnection services in Hong Kong.

HK2’s expansion will add 900 cabinets to the hub, bringing the total up to 2,350. HK1-IX will add 275 extra cabinets.

Alex Tam, managing director of Equinix Hong Kong said: "With the strong momentum of cloud and content companies deploying in Hong Kong, as well as data centre services demand from worldwide customers including many in China, it was a clear strategic business decision to expand our presence in Hong Kong.

"The investment in HK1 and HK2 further positions Hong Kong as an important regional hub, not only for financial services firms but for cloud and content companies as well."

Jesse Shang, senior vice president, China Unicom Hong Kong: "With our deployment in Equinix’s IBX data centre in Hong Kong, we’ve been able to connect with thousands of companies and tap into new business opportunities across various industries, ranging from enterprises to service providers. It has also enabled us to quickly and efficiently scale our services, providing telecommunication services to customers throughout Asia-Pacific and the Middle East."

Content from our partners
How Kodak evolved to tackle seismic changes in the print industry and embrace digital revolution
Why all businesses must democratise data analytics
How start-ups can take the next step towards scaling up

PH Tang, CEO of Macroview Telecom: "We’ve seen uptake from customers wanting to deploy the latest network infrastructure and private cloud solutions. This made it natural for us to partner with Equinix thanks to its strong public cloud ecosystem and experience as a cloud enabler."

 

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU