Equinix, the global interconnection and data center company, continues its expansion of data center footprint in Amsterdam. The company bought Switch Datacenters' AMS1 data center business in Amsterdam, Netherlands, in an all-cash transaction for €30 million ($34 million). The agreement was signed on April 16, 2019, and the acquisition was completed on April 18, 2019.
The new facility will help meet the growing demand for digital infrastructure connectivity in the Amsterdam and broader European markets, as businesses continue to build out their digital edge strategies. The company will rename the facility as Equinix AM11 International Business Exchange (IBX) data center. It will become a part of its southeast Amsterdam data center campus. Equinix's existing campus in southeast Amsterdam includes AM1, AM2, AM5, and AM7.
According to the company, the new Amsterdam center will be tethered to Equinix's AM7 data center. This will enable customers to easily interconnect with the world's largest business ecosystems available on Platform Equinix for maximum collaboration across digital supply chains.
“Amsterdam is a key interconnection point for Europe, with leading enterprises and cloud service providers making it a primary hub for IT infrastructure,” said Eugene Bergen, president of EMEA, Equinix. “Adding interconnection capacity in this market enables local and international customers to leverage Platform Equinix to meet their changing business needs. Whether that is to connect to networks, clouds, or content and digital media providers, Equinix is the place to be."
The AMS1 building is leased. The data center adds approximately 250 cabinets of sold capacity and a total capacity for approximately 700 additional cabinets once the facility is completely built out. The company informed that the site could also support the potential to expand into an adjacent building to accommodate future growth and approximately 1,300 additional cabinets.
AM11 becomes the 11th Equinix IBX data center in the Netherlands and the ninth Equinix IBX located in Amsterdam. Equinix's Netherlands IBX data centers are business hubs to more than 1,125 companies that connect to business partners and customers across their digital supply chains. Globally, Equinix has 200 IBX data centers in 52 markets.