Equinixand Mapletree Industrial Trust announced plans to build Equinix’s third International Business Exchange (IBX) data center in Singapore.
The new data center will further extend Platform Equinix to meet strong demand for premium interconnection and data center services in Singapore from financial and cloud companies.
The new Singapore IBX will be located in close proximity to Equinix’s existing SG1 data center at one-north. Both data centers will be interconnected through a dedicated fiber network, allowing customers in SG1 to expand their business within the Equinix platform. The new IBX will also meet the changing security requirements for financial customers including compliance with guidelines set by the Monetary Authority of Singapore in July 2012.
Scheduled to launch in the second half of 2014, the new IBX data center will provide approximately 385,000 square feet of gross floor area and 5,000 cabinets over multiple phases, significantly expanding Equinix’s presence in Singapore to better meet customer demand.