Equinix said Wednesday that it has completed the second phase of its Hong Kong International Business Exchange data center.
The $49.9 million Hong Kong data center expansion brings Equinix’s investment in Asia Pacific to $72 million, according to the firm. Located in Tsuen Wan, the expanded data center now has a total capacity of 1,450 cabinets, up from 450 cabinets previously.
“The expansion will help us meet the growing demand for data center services in Hong Kong, which is estimated by Frost & Sullivan to grow at a CAGR of 9.8% from 2009 to 2015,” said Alex Tam, Equinix’s greater China managing director.
According to the research company, financial services, trading and logistics, IT, telecom, content development and media industries account for more than 84% of the data center space in the SAR.
Tam added that some of Equinix’s current customers in Hong Kong include finance firm IRESS as well as cloud service providers such as BrightHost and Carpathia Hosting.
Asia Tone buyout adds six data centers
Already a player in China, Equinix will have its own datacenters in the country for the first time as a result of the Asia Tone buyout, said Tam, adding that Equinix is now offering services in the country through its partner Shanghai Data Solutions.
Through the purchase, Equinix is acquiring six data centers and one disaster recovery center located across Hong Kong, Shanghai, and Singapore. This brings the firm’s total number of data centers to 105 in 38 markets globally, Equinix said.
One of the facilities from Asia Tone includes a data center under construction in Shanghai, Tam noted. To be built in three phases, the Shanghai facility will provide a capacity of 80,000 square feet and about 900 cabinets when completed. The first phase is slated for completion in Q3 2012, said Tam.
Asia Tone—with a client base of 80 across Asia Pacific—also brings more than 20 new customers to Equinix. One-third of Asia Tone’s subscribers has already used services of both companies.