Leading data center solutions provider
) recently announced the opening of its latest International
Business Exchange data center (AM3 Science Park) in Amsterdam. The
capital city of the Netherlands, which happens to be one of the
most densely networked regions in the world, will now have the
capacity to offer its local business houses speedy interconnection
across most of Europe. The IBX will accommodate 2,800 cabinets
across a gross area of 17,800 square meters.
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With the AM3, Equinix's European business touched another
milestone. The company believes that the subscribers within AM3
will be able to interconnect with various service providers
(Internet exchange, cloud, network and content) across Europe at an
accelerated speed (roughly 50 milliseconds).
To make AM3 a success story, Equinix set out to develop a customer
Point of Presence (PoP) in tandem with the Amsterdam Internet
Exchange (AMS-IX) in August. The PoP is expected to enable
customers to connect and network with AMS-IX's community, which
includes a large number of Internet service providers.
Also, the Aquifer Thermal Energy Storage technology, being used in
AM3, will help keep heat generation under control and allow the
excess heat to warm up domestic houses in the vicinity. The whole
process will actually save some energy, help reduce carbon content
in the atmosphere and contribute to a cleaner environment.
Apart from this, Equinix is also setting up a partnership with PT
DCI to provide its IBX services in Indonesia. Equinix boasts a
presence across various geographical regions and is increasingly
becoming popular among major players in the tech industry for data
management. The company's worldwide presence has resulted in high
network density with a vertically focused approach, which will
continue to support demand.
The company has delivered decent second quarter 2012 results with
earnings per share exceeding the company's expectation. Moreover,
revenue improved substantially on a year-over-year basis on
improved colocation, interconnection and managed infrastructure
services. Guidance for the third quarter and fiscal 2012 was
However, a heightened debt situation, competitive threats from the
) and European exposure keep us on the sidelines.
Equinix carries a Zacks #3 Rank, implying a short-term Hold