Equinix Opens New NY5 Facility - Expect Accelerated Revenue Growth

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>>Equinix (EQIX) is opening its brand new NY5 data center in the New York metro area, a facility that is expected to respond to strong market demand from its financial customers at a time when the other IBX data centers in the region have reached full capacity.
In this article, we'll go through the background of Equinix's presence in the NY area and strength in the financial vertical, as well as examine what the new opening may mean for the company in the long term.

Equinix's Presence in the New York Metro Area

Excluding the new NY5 facility, the company is operating seven data centers in the New York metro area, located both in Manhattan or in the so-called New Jersey doughnut -- a 30 kilometer to 70 kilometer circle around New York.

Immersion Disappoints, Hints At Potential Settlements For Basic Haptics

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>>Last week on Thursday evening, Immersion Corporation (IMMR) delivered disappointing Q2 2012 results, below consensus and management's expectation as far as revenues. The company widened its guidance for 2012, to incorporate both the possibility of a result inferior to previous expectations, as well as potential upside from Basic Haptics royalty agreements/settlements before year's end.

First, a quick look at some of the highlights from Q2 2012 earnings:

TeleCity Group delivers a solid 1H 2012, acquires Tenue Oy, a Finnish data centre operator

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>>Today, TeleCity Group announced its results for the first half of 2012.


In line with expectations, the company delivered solid growth both in revenues and EBITDA.

Here is a quick look at some of the highlights: