Equinix Ranked Number 271 Fastest Growing Company in North America on
Deloitte’s 2012 Technology Fast 500
Attributes 283 Percent Revenue Growth to Increasing Customer Demand for Mobile
and Cloud Services
REDWOOD CITY, Calif. -- November 15, 2012
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center
company, today announced it ranked 271^st on Deloitte’s Technology Fast 500^™,
a ranking of the 500 fastest growing technology, media, telecommunications,
life sciences and clean technology companies in North America. This is the
third consecutive year that Equinix has been included on the list. The
Deloitte Technology Fast 500 ranks companies based on percentage of fiscal
year revenue growth from 2007 to 2011, and Equinix grew 283 percent during
Charles Meyers, president of the Americas for Equinix, credits the company’s
revenue growth to its aggressive data center expansion plan and growing
customer demand for digital media services. “Mobile data, cloud computing and
increasing IP traffic are all significantly changing the way consumers
interact and businesses operate,” he said. “Platform Equinix is—and will
continue to be—a key enabler of such services, providing companies with the
scalability, global reach and thriving ecosystems to successfully grow their
business and fuel the digital economy.”
This is the third year in a row that Equinix has made the Technology Fast 500
list. Equinix previously ranked 271^st in 2011, and 307^th in 2010. The
company also made the Technology Fast 500 list in Europe in 2007. “We are
thrilled to be recognized on the Technology Fast 500 list again this year,”
said Meyers. “With the strength of the global brand behind us, we hope to
continue on this growth path while helping companies achieve faster
time-to-market through Equinix interconnections around the world.”
Overall, 2012 Technology Fast 500 companies achieved revenue growth ranging
from 128 percent to 279,684 percent from 2007 to 2011, with an average growth
of 2,774 percent.
About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of
the fastest growing technology, media, telecommunications, life sciences and
clean technology companies – both public and private – in North America.
Technology Fast 500 award winners are selected based on percentage fiscal year
revenue growth from 2007 to 2011.
In order to be eligible for Technology Fast 500 recognition, companies must
own proprietary intellectual property or technology that is sold to customers
in products that contribute to a majority of the company's operating revenues.
Companies must have base-year operating revenues of at least $50,000 USD or
CD, and current-year operating revenues of at least $5 million USD or CD.
Additionally, companies must be in business for a minimum of five years, and
be headquartered within North America.
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.
Melissa Neumann, +1 650-598-6098
GolinHarris for Equinix, Inc.
Liam Rose, +1 415-318-4380
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