Equinix Inks $1B Hyperscale Data Center Agreement

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Sienna Rowley
Sienna is an editor at Cloud Host News. She is an internet enthusiast, always eager to explore the latest trend in the tech space. In her free time, she is a modest family woman who loves traveling.

Equinix inked an another $1 billion-plus settlement with GIC, Singapore’s sovereign wealth fund, to grow and manage hyper-scale data centers in Japan.

The two companies made their first common venture last July, also priced at more than $1 billion, to make xScale data centers in Europe for huge cloud providers and other hyperscale companies.

Equinix CEO Charles Meyers teased the latest GIC agreement on the interconnection monster’s most recent earnings call, saying that Equinix continues to make important improvements with their hyperscale approach.

“We are as of now hoping to grow our European JV and propelling extra JV discussions in Japan and others focused on topographies,” he stated, as per a Seeking Alpha transcript.

Under the new joint endeavor, Equinix and GIC will at first form three xScale offices, one in Osaka and two in Tokyo, that focus on the equivalent enormous organizations think Alibaba Cloud, Amazon Web Services, Google Cloud, IBM Cloud, Microsoft Azure, and Oracle Cloud Infrastructure as they extend in the Asia-Pacific locale, where interconnection data transmission is estimated to arrive at in excess of 3,825 Terabytes for every second by 2022. This is 28% bigger than in Europe.

These xScale server farms give clients access to Equinix’s interconnection and edge administrations. By utilizing Equinix’s SDN-based stage, hyper scale organizations can add arrangements to their impressions across 55 worldwide metros on five mainlands.

The three hyper scale data centers will give around 138 megawatts of intensity ability to the Osaka and Tokyo markets when completely worked out, as indicated by Equinix. Equinix as of now works 13 data centers in Japan and more than 500 employees

xScale data centers give access to Equinix’s complete set of interconnection and edge services. These services will draw into the hyperscale organization’s access points at Equinix which will give high speed and stable connectivity.

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