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Equinix investing $42M to expand Sydney data center

Jul. 12, 2017 7:23 PM ETEquinix, Inc. (EQIX) StockBy: Jason Aycock, SA News Editor1 Comment
  • Equinix (EQIX +1.4%) is continuing a string of investments in Asia Pacific with plans to invest $42M in a Sydney expansion.
  • It will expand its SY4 International Business Exchange data center with an additional 1,500 cabinets, which brings the center to 3,000 cabinets with usable floor space of more than 130,000 square feet.
  • It had originally opened SY4 in August 2016. The second phase expansion is set to be done by the end of this year.

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