Equinix declared that the company will invest $55 million to build its third International Business Exchange data center in Osaka, Japan.
The company’s third data center in Osaka is to be known as OS3, and in total this will be the company’s 14th data center in Japan, with 11 of the facilities already in Tokyo.
Equinix stated that the need for an additional data center in Osaka emerged as the city has become a hub for startup companies and innovation.
The company additionally stated Osaka is set to become Japan’s subsequent international financial center and bring in the growth of the digital economy. With several businesses related to healthcare, energy, and medical services, Osaka city has grown into to be a key location for data centers in Japan after Tokyo.
Equinix said that OS3 will provide proximity to significant internet and peering exchanges and an ecosystem of network, cloud, and digital content providers. Additionally, it will also give direct, low-latency connections to the vast Kansai region, which consists of major cities like Osaka, Kyoto, and Kobe.
OS3 is scheduled to open in fourth-quarter 2021. The initial phase of the facility is anticipated to offer an initial capacity of 900 cabinets and nearby about 3,070 square meters of colocation space. Once the facility is completely developed, it will offer 2,500 cabinets with a total colocation space of more than 8,300 square meters.
Earlier this year, Equinix extended the Hong Kong data center with a 51 million dollar investment.
Globally, the platform Equinix spans more than 220 IBX data centers over 63 metropolitan cities.
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