Equinix Completes Divestiture of 16 U.S. Data Centers

  Equinix Completes Divestiture of 16 U.S. Data Centers

                Divests assets in non-core markets to 365 Main

Business Wire

REDWOOD CITY, Calif. -- November 01, 2012

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center
company, today announced it has completed the sale of 16 International
Business Exchange^™ (IBX^®) data centers located throughout the United States
to an investment group consisting of 365 Main, Crosslink Capital, Housatonic
Partners and Brightwood Capital.

With the close of the transaction, Equinix exits nine markets, including
Buffalo, Cleveland, Detroit, Indianapolis, Nashville, Phoenix, Pittsburg, St.
Louis and Tampa. Equinix will retain a presence in the remaining seven markets
– Chicago, Dallas, New York, Philadelphia, Reston, Seattle and Silicon Valley
– where it currently has sufficient capacity to meet customer demand. In
addition, the Equinix customers deployed in the 16 data centers have been
transferred to 365 Main, and key employees who have experience with these
sites have joined 365 Main to facilitate a seamless transition and ongoing
support for customers.

“By divesting these data centers in non-core markets, we can focus our capital
and management attention on our most productive data centers while ensuring
that customers at these sites are supported by an experienced data center
operator that will continue to invest in these locations,” said Charles
Meyers, president of the Americas for Equinix.

About Equinix

Equinix, Inc. (Nasdaq:EQIX), connects more than 4,000 companies directly to
their customers and partners inside the world’s most networked data centers.
Today, businesses leverage the Equinix interconnection platform in 30
strategic markets across the Americas, EMEA and Asia-Pacific. www.equinix.com.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and
uncertainties. Actual results may differ materially from expectations
discussed in such forward-looking statements. Factors that might cause such
differences include, but are not limited to, the challenges of acquiring,
operating and constructing IBX centers and developing, deploying and
delivering Equinix services; unanticipated costs or difficulties relating to
the integration of companies we have acquired or will acquire into Equinix; a
failure to receive significant revenue from customers in recently built out or
acquired data centers; failure to complete any financing arrangements
contemplated from time to time; competition from existing and new competitors;
the ability to generate sufficient cash flow or otherwise obtain funds to
repay new or outstanding indebtedness; the loss or decline in business from
our key customers; and other risks described from time to time in Equinix’s
filings with the Securities and Exchange Commission. In particular, see
Equinix’s recent quarterly and annual reports filed with the Securities and
Exchange Commission, copies of which are available upon request from Equinix.
Equinix does not assume any obligation to update the forward-looking
information contained in this press release.

Equinix and IBX are registered trademarks of Equinix, Inc.

International Business Exchange is a trademark of Equinix, Inc.

Contact:

Equinix Media Contacts
Equinix, Inc.
Melissa Neumann, +1-650-598-6098
mneumann@equinix.com
or
GolinHarris for Equinix, Inc.
Liam Rose, +1-415-318-4380
lrose@golinharris.com
or
Equinix Investor Contacts
Katrina Rymill, +1-650-598-6583
krymill@equinix.com
Samir Patodia, +1-650-598-6587
spatodia@equinix.com
 
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