Equinix invests USD76m in data center in Brazil

Equinix (NASDAQ: EQIX) will build its fifth International Business Exchange (IBX) data center in Brazil, the company said.

The new data center in São Paulo — SP3 — will have an initial first-phase investment of USD76M with the ability for up to five additional phases and is scheduled to be finished in the first quarter of 2017. SP3´s nearly 2,800 cabinets will double the company´s inventory in Brazil.

Earlier this month Equinix announced that it will open four new International Business Exchangeâ„¢ (IBX®) data centers in Tokyo, Dallas, São Paulo and Sydney, to create more capacity for global companies to connect to their partners, customers and employees. These organic additions plus the recent acquisitions of Bit-isle in Japan and Telecity in EMEA will expand Equinix´s global interconnection platform to nearly 150 data centers by the end of the year.

By providing additional capacity in the coming year, Equinix continues to play a central role in advancing the digital economy´s interconnected era, in which businesses are demanding increasing levels of interconnection to accelerate business performance.