FOSTER CITY, CA., November 2, 2010 — Equinix, Inc. (Nasdaq: EQIX) today announced that it ranked number 307 on Deloitte’s Technology Fast 500™, a ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009.
Equinix grew 299 percent during this period. Equinix’s chief executive officer, Steve Smith, credits the demand for data center and interconnection services in the key market sectors it serves. Major trends driving this demand include the rise of electronic trading in the financial services market, the adoption of cloud computing, the increase in mobile data traffic and the proliferation of rich media such as online video and social gaming.
Smith said, "The growth of the digital economy is creating demand for data center services that optimize the delivery of content and applications. We are meeting this demand by expanding our global footprint of data centers and investing in products and services that bring added value to global businesses. Our growth is testimony to the excellence of our employees, and the success and loyalty of our customers.”
“Equinix and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S. technology, media and telecommunications leader. Deloitte commends Equinix for this impressive accomplishment.”
“Equinix has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500™,” said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.
For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit www.fast500.com.
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