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Equinix

An American multinational company headquartered in Redwood City, California, that specializes in Internet connection and data centers.

Categories

Technology  

#187

Rank

$89.47B

Marketcap

US United States

Country

Equinix
Leadership team

Raouf Abdel (Head of Global Operations)

Al Avery (Founder)

Industries

Technology

Products/ Services
Data centers Internet connection
Number of Employees
1,000 - 20,000
Headquarters
RedwoodCity,California,UnitedStates
Established
1998
Company Registration
SEC CIK number: 0001101239
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
EQIX
Social Media
Overview
Location
Summary

Equinix, Inc. is an American multinational corporation that specializes in internet connection and data centers. The company was founded in 1998 and is headquartered in Redwood City, California. Equinix operates in more than 50 markets worldwide and offers a wide range of data center services including colocation, interconnection, cloud services, and managed services.

Equinix's data centers are carrier-neutral and provide customers with direct access to a large number of internet service providers, cloud providers, and network service providers. Equinix's interconnection services allow customers to connect to other companies and organizations directly, enabling faster, more secure, and more reliable communication.

Equinix serves a variety of industries, including financial services, healthcare, media and entertainment, and telecommunications. The company is also committed to sustainability and has implemented a number of initiatives to reduce its environmental impact, including renewable energy sourcing and energy-efficient designs for its data centers.

As of 2021, Equinix has over 230 data centers in 63 markets worldwide, with a total floor space of more than 33 million gross square feet. The company has been recognized as a leader in the data center industry by various organizations, including Gartner and Frost & Sullivan.

History

Equinix, Inc. was founded in 1998 by Jay Adelson and Al Avery, two tech entrepreneurs based in California. The company's initial focus was on developing a network of data centers that would allow businesses to exchange data and access the internet more efficiently.

In 1999, Equinix acquired its first data center in Ashburn, Virginia, and began expanding its network of data centers across the United States. The company also secured several partnerships with major internet service providers, including AT&T, MCI, and Qwest, which helped to establish Equinix as a leading provider of data center services.

In 2000, Equinix went public on the NASDAQ stock exchange, raising over $250 million in its initial public offering. The company used the funds to continue expanding its network of data centers and to develop new interconnection services for its customers.

Throughout the early 2000s, Equinix continued to expand its network of data centers both in the United States and internationally. The company opened its first data center in Europe in 2001 and entered the Asia-Pacific market in 2002 with the acquisition of a data center in Singapore.

In 2007, Equinix acquired IXEurope, a leading data center provider in Europe, which helped to expand the company's presence in the region. Equinix also began developing new managed services and cloud services for its customers, including virtual private servers and cloud-based storage.

In 2009, Equinix entered into a strategic partnership with Microsoft to provide direct connections to Microsoft's Azure cloud platform. The partnership helped to establish Equinix as a leading provider of cloud interconnection services and positioned the company for further growth in the cloud computing market.

By the end of 2010, Equinix had over 90 data centers in 35 markets worldwide, with a total floor space of more than 6 million gross square feet. The company's revenue had also grown significantly, reaching over $700 million in 2010, up from just $16 million in 2000.

In 2011, Equinix acquired Switch and Data, a major data center provider, which helped to expand the company's presence in key markets across North America. The acquisition also brought new customers to Equinix, including major technology companies like Google and Yahoo.

In 2012, Equinix entered into a partnership with Amazon Web Services (AWS) to provide direct connections to AWS cloud services. The partnership was a significant milestone for Equinix, as it helped to establish the company as a leading provider of cloud interconnection services.

In 2015, Equinix announced plans to acquire TelecityGroup, a major data center provider in Europe. The acquisition was completed in 2016, and helped to significantly expand Equinix's footprint in the region. Equinix also announced plans to expand its network of data centers in Asia-Pacific, including the opening of new facilities in Hong Kong, Melbourne, and Tokyo.

Throughout the 2010s, Equinix continued to develop new interconnection services and technologies, including the Equinix Cloud Exchange, which provides direct, secure connections to multiple cloud providers, and the Equinix Internet Exchange, which enables direct peering between networks.

In 2019, Equinix announced plans to acquire Packet, a leading provider of bare metal servers and edge computing services. The acquisition helped to expand Equinix's capabilities in edge computing and positioned the company for further growth in the emerging 5G market.

As of 2021, Equinix operates more than 230 data centers in 63 markets worldwide, with a total floor space of more than 33 million gross square feet. The company's revenue has also continued to grow, reaching over $6 billion in 2020. Equinix has been recognized as a leader in the digital infrastructure industry by various organizations, including Gartner and Forbes.

Mission

The mission of Equinix is to help its customers to thrive in the digital economy by providing them with a global platform of interconnected data centers, cloud services, and interconnection solutions. 

Equinix's goal is to enable companies to connect with their customers and partners more efficiently, securely, and reliably, regardless of their location or the technology they are using. Equinix is committed to delivering exceptional customer service and to continuously innovating and evolving its services to meet the changing needs of its customers in the fast-paced digital landscape.

Vision

The vision of Equinix is to be the world's digital infrastructure company, enabling the digital economy to operate seamlessly and securely around the globe. 

Equinix aims to provide its customers with a platform that connects the world's leading businesses, cloud providers, and networks, creating a new level of digital interconnection that transforms the way the world operates, collaborates and innovates. Equinix's vision is driven by a commitment to customer success, innovation, and sustainability, with the goal of building a better, more connected world for everyone.

Key Team

Jay Adelson (Founder)

William Norton (Founder)

Peter F. van Camp (Executive Chairman)

Christopher B. Paisley (Board Member)

Keith D. Taylor (Chief Financial Officer)

Gary F. Hromadko (Board Member)

Irving F. Lyons (Board Member)

Jonathan Lin (Executive Vice President & GM-Data Center Services)

Joubine Dustzadeh (Chief Technology Officer)

Recognition and Awards
Equinix has received numerous awards and recognitions for its leadership in the digital infrastructure industry, including: Gartner Magic Quadrant: Equinix has been named a leader in the Gartner Magic Quadrant for Data Center and Cloud Networking for multiple years. Forbes Cloud 100: Equinix has been included in the Forbes Cloud 100 list, which recognizes the top private cloud companies in the world, for multiple years. Frost & Sullivan Best Practices Award: Equinix has received the Frost & Sullivan Best Practices Award for Global Interconnection Solutions for several years. Datacloud Awards: Equinix has won multiple Datacloud Awards, including Best Data Center Solution and Excellence in Cloud Services. CRN Tech Innovator Award: Equinix has been named a winner of the CRN Tech Innovator Award in the Networking category for its Equinix Cloud Exchange Fabric. Environmental Leader Award: Equinix has received the Environmental Leader Award for its commitment to sustainability and reducing its carbon footprint. Diversity & Inclusion Award: Equinix has been recognized for its efforts to promote diversity and inclusion in the workplace, including being named a Top Company for Women Technologists by AnitaB.org. These awards and recognitions demonstrate Equinix's commitment to delivering innovative, sustainable, and customer-focused solutions in the digital infrastructure industry.
Products and Services

Equinix provides a range of products and services that enable businesses to interconnect with customers, partners, and service providers around the world. These include:

Data centers: Equinix operates over 230 data centers in 63 markets around the world. These data centers are designed to provide secure and reliable environments for businesses to colocate their IT infrastructure.

Interconnection solutions: Equinix provides a range of interconnection solutions, including Equinix Cloud Exchange Fabric, which enables secure and direct connections to multiple cloud providers, and Equinix Internet Exchange, which allows for direct peering between networks.

Cloud services: Equinix partners with major cloud providers, including Amazon Web Services, Microsoft Azure, and Google Cloud, to provide direct, secure, and high-performance connections to their cloud services.

Managed services: Equinix offers a range of managed services, including Equinix Smart Hands, which provides remote assistance for IT equipment installation and maintenance, and Equinix Professional Services, which offers customized solutions for businesses' IT infrastructure needs.

Network services: Equinix provides a range of network services, including Equinix Connect, which offers secure and high-performance network connections between data centers, and Equinix Internet Exchange, which allows for direct peering between networks.

Edge computing: Equinix offers edge computing services, which allow businesses to process data closer to where it is generated, reducing latency and improving performance.

Equinix's products and services are designed to help businesses to interconnect and operate more efficiently and securely in the digital economy, regardless of their location or the technology they are using.

References
Equinix
Leadership team

Raouf Abdel (Head of Global Operations)

Al Avery (Founder)

Industries

Technology

Products/ Services
Data centers Internet connection
Number of Employees
1,000 - 20,000
Headquarters
RedwoodCity,California,UnitedStates
Established
1998
Company Registration
SEC CIK number: 0001101239
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
EQIX
Social Media