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Institutional FX

Digital Infrastructure Provider Equinix Posts $2.2 Billion Quarter on AI Surge

  • Equinix reports a strong Q3 2024 with 7% revenue and net income growth compared to the previous year.
  • The company's xScale portfolio shows robust demand, with 385 megawatts leased globally.
Thursday, 31/10/2024 | 09:45 GMT by Damian Chmiel
Institutional FX

Equinix Bets Big on AI Growth in $15 Billion Data Center Expansion: Report

  • The global data center has teamed up with the Canada Pension Plan Investment Board and Singapore's GIC.
  • The joint venture aims to acquire land for new developments, potentially adding over 1.5 gigawatts of capacity to Equinix's infrastructure.
Tuesday, 01/10/2024 | 13:55 GMT by Jared Kirui
Institutional FX

Equinix's 86-Quarter Growth Streak Accelerates as AI Wave Drives Record-Breaking Results

  • The company reported strong Q2 results with 7% revenue growth and raised its full-year guidance.
  • It is expanding globally to meet surging demand for digital infrastructure and AI-related services.
Thursday, 08/08/2024 | 06:24 GMT by Damian Chmiel
Executives

Equinix's CEO to Transition to Executive Chair, Adaire Fox-Martin Named Successor

  • Fox-Martin has over 25 years of experience in the technology sector, including senior positions at SAP and Oracle.
  • Currently, Fox-Martin serves as the President of Google Cloud Go-to-Market.
Wednesday, 13/03/2024 | 15:47 GMT by Jared Kirui
Executives

Equinix Appoints Merrie Williamson as the Chief Customer and Revenue Officer

  • She brings more than two decades of leadership experience from Microsoft and Intel.
  • Williamson's role encompasses sales, marketing, customer care, and revenue operations.
Tuesday, 27/02/2024 | 17:44 GMT by Jared Kirui
Institutional FX

Equinix Reports 12% Increase in Q3 Revenues, Operating Income Surges

  • Net Income and EPS at Equinix soared, with an increase of 30% in net income and a rise of 27% in EPS.
  • Equinix anticipates a 12-13% growth in annual revenue for 2023.
Thursday, 26/10/2023 | 06:53 GMT by Tareq Sikder
Retail FX

News Nuggets | 4 May: FCA on Whistleblower; Equinix's Q1 Results

  • Also, Iress' partnership with Kaiko and Consob's warning list.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Thursday, 04/05/2023 | 10:13 GMT by Finance Magnates Staff
Institutional FX

Equinix Sees 6% Rise in Q4 2022 Revenue, Profits Uptick YoY

  • The company ended the year with a 41 percent higher net income.
  • It is investing heavily in global infrastructure.
Thursday, 16/02/2023 | 08:15 GMT by Arnab Shome
Institutional FX

Equinix Commits $160M Investment for South Africa Data Center

  • It is planning to open the data center by mid-2024.
  • It already has a presence in West Africa.
Tuesday, 13/12/2022 | 10:25 GMT by Arnab Shome
FinTech

Equinix Enters Malaysia, Commits $40m to Building Data Center in Johor

  • The company wants to accelerate digital economy transformation in Malaysia.
  • It has been the second data center investment made by Equinix in recent months.
Wednesday, 30/11/2022 | 11:39 GMT by Damian Chmiel
FinTech

Equinix Reports $212 Million in Net Income for Q3 2022

  • The revenue for the latest quarter came in at $1.8 billion.
  • Operating income climbed by 5%, but net income fell by 2%.
Thursday, 03/11/2022 | 08:06 GMT by Damian Chmiel
Retail FX

Equinix Commits $45M to Building Its Second Data Centre in Colombia

  • The news comes five months after Equinix acquired data centres in Chile and Peru.
  • Equinix has spent over $2 billion in LatAm since 2011.
Wednesday, 19/10/2022 | 21:07 GMT by Solomon Oladipupo
News

Equinix Reports $216 Million in Net Income for Q2 2022

  • Revenues for the latest quarter came in at $1.8 billion.
  • Operating income climbed by 19%.
Thursday, 28/07/2022 | 06:17 GMT by Bilal Jafar
Executive Moves

Equinix Appoints Two Executives to Its Board of Directors

  • Fidelma Russo and Jeetu Patel were appointed to Equinix's Board of Directors.
  • Both executives have extensive experience in the technology industry.
Tuesday, 14/06/2022 | 01:13 GMT by Felipe Erazo
News

Equinix and Colt Extend Collaboration to Facilitate Digital Transformation in France

  • Enterprise customers will take advantage of the recent partnership extension.
  • Both companies first announced their collaboration in 2017.
Tuesday, 17/05/2022 | 14:38 GMT by Bilal Jafar
News

Equinix Acquires Data Centers in Chile and Peru

  • Chile has the fourth-largest economy in South America.
  • In Peru, the data center covers approximately 16,000 square feet.
Tuesday, 03/05/2022 | 17:24 GMT by Felipe Erazo
Institutional FX

Equinix Reports 9% YoY Surge in Q1 Revenues

  • More than 4,200 deals were executed in the last quarter.
  • Net income also increased significantly in Q1 of 2022.
Thursday, 28/04/2022 | 06:30 GMT by Bilal Jafar
News

Equinix Completes $320 Million Acquisition of MainOne

  • The acquisition will play an important role in the company’s expansion in Africa.
  • MainOne is headquartered in Lagos.
Tuesday, 05/04/2022 | 10:47 GMT by Bilal Jafar
Institutional FX

Equinix Posts 11% Rise in 2021 Revenue

  • Its net income for the year came in at $500 million.
  • The revenue of the company has been growing for 76 consecutive quarters.
Thursday, 17/02/2022 | 09:55 GMT by Arnab Shome
News

Equinix, GIC Form Joint Venture to Build 2 Data Centers in South Korea

  • Both data centers will be in Seoul.
  • It will be an expansion of the company’s hyper-scale data center program.
Thursday, 27/01/2022 | 08:29 GMT by Arnab Shome
News

Equinix to Enter Africa with $350 Million MainOne Acquisition

  • The all-cash deal is expected to close by Q1 of 2022.
Tuesday, 07/12/2021 | 11:19 GMT by Arnab Shome
News

Equinix to Expand xScale Data Centers Forming a Joint Venture with GIC

  • The expansion plan will involve a pump of $3.9 billion into the project.
Tuesday, 15/06/2021 | 09:51 GMT by Arnab Shome
News

Equinix Adds Another Data Center in Australia

  • The new IBX data center in Perth will be the 18th data center of Equinix in Australia.
Monday, 09/11/2020 | 15:23 GMT by Bilal Jafar
Execution

Equinix Announces Expansion to India with GPX India Acquisition

  • The company has acquired GPX India in a deal worth $161 million.
Tuesday, 11/08/2020 | 08:20 GMT by Celeste Skinner
Technology

Equinix Sees 70th Consecutive Quarter of Revenue Growth in Q2

  • Revenue increased slightly by 2 percent from the previous quarter.
Thursday, 30/07/2020 | 06:37 GMT by Celeste Skinner
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