Equinix has launched its newest data centre in Shanghai, the company announced today.
Dubbed SH5, the first phase of the data centre will provide 200 cabinets of storage. The finished data centre will have 900 cabinets and 80,000 sq ft (7432 sq m) of floor space. According to the announcement, SH5 will offer premium data centre services including collocation.
Data centre company Equinix obtained SH5 through the US$230.5 million (S$282.56 million) acquisition of the company Asia Tone in July along with five other data centres in Hong Kong and Singapore.
Fast growing market
"China is one of the fastest growing markets in the Asia-Pacific region and a priority market for many multinational companies," said managing director for Equinix Greater China Alex Tam.
Research and consulting firm Frost & Sullivan expects the data centre services market in China to see a compound annual growth rate (CAGR) of 13.9 percent from 2009 to 2016.
"This will inevitably result in tremendous demand in the market for data centre services that deliver high performance and availability," Tam added as the reason behind the continued expansion into the Asian market.
In addition to the recent acquisition of Asia Tone, Equinix also completed the second phase of its second Hong Kong data centre (HK2), taking the total capacity to 1,450 cabinets.
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