Equinix Invests $122m On Standard-Setting Silicon Valley Data Center
Equinix (Nasdaq: EQIX) has brought its capital expenditure for this week alone up to $382m as the company announces the opening of a new International Business Exchange (IBX) data center in Silicon Valley. The $122 million facility joins the company’s expansion into Portugal and Spain with the $260m acquisition of Itconic. Named SV10, the site in California joins Equinix’s Great Oaks campus in San Jose which serves more than 625 customers and represents the second-largest internet exchange point in North America, according to Equinix. With the addition of SV10, the operator has also bought the total investment in the campus to nearly $400m where it now operates 13 data centers.
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