from http://news.investors.com:
>>IBD: Equinix recently acquired six data centers, including one
being built in Shanghai as well as other assets in Hong Kong and
Singapore, from Asia Tone for $230.5 million. Why pursue that deal?
Smith: The real driver was to get into Shanghai and eventually
into Beijing. The Shanghai data center will be open in the second half
of 2012.
This (China) is by far the No. 1 market that our current existing customers have interest in having Equinix capability.
IBD: Equinix gets about 20% of revenue from companies in the financial services sector. Is that a factor in expanding into China?
Smith: It's a mix of (telecom) network, financial and
enterprise (corporate) customers. Big multinational companies want to
have a footprint in the PRC (People's Republic of China).
Thursday, May 17, 2012
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