Equinix completes acquisition of 3 Philippine data centers
The global digital infrastructure footprint of Equinix – Contributed
MANILA, Philippines — Global digital infrastructure company Equinix expanded its footprint with the acquisition of three data centers in the Philippines at a time of heightened demand for hubs housing critical information technology (IT) servers.
In a statement on Tuesday, Equinix said it had bought the data hubs from technology solutions provider Total Information Management (TIM). One of them is located in Makati while the other two are in Cavite.
These hubs housing critical servers and networks have over 1,000 cabinets in capacity. The facilities are also carrier-neutral, which means they can cater to any client.
The clientele includes network service providers, cloud solutions companies, financial institutions and conglomerates.
“This expansion is instrumental in fostering interconnection, enabling our customers and partners to scale seamlessly and securely within one of the region’s most dynamic digital economies,” said Cyrus Adaggra, Equinix president for Asia Pacific.
READ: Silicon Valley firm buys 3 Philippine data centers
Southeast Asian play
“By broadening our footprint in the Southeast Asia region, we are not only expanding our digital platform but also supporting the development of cutting-edge AI (artificial intelligence) services and technology, aligning with the governments’ digital ambitions,” the official added.
Founded in Silicon Valley in 1998, Equinix operates 270 data centers across 35 countries, 63 of which are in Asia-Pacific.
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Last month, the company also launched its first AI-ready data center in Jakarta.
The demand for data centers is on the rise due to the growing needs of hyperscalers, or entities providing cloud, networking and internet services such as Amazon AWS, Microsoft Azure, Google GCP, Alibaba AliCloud, IBM and Oracle.
To capture this market, real estate consultancy firm Prime Philippines said the country must build more data centers, allowing it to keep up with its neighbors in Southeast Asia.
Prime said the country has about 182 megawatts (MW) of data center capacity, with an additional 300 MW set to be built in the future. This is significantly lower compared with regional peers like Indonesia with 514 MW, Malaysia with 640 MW and Singapore with 1,400 MW.
