Equinix Inc   (EQIX)
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Equinix Inc

Business Description

History of Equinix Inc

Equinix Inc is a well-known data center and interconnection company headquartered in Redwood City, California. It was founded in 1998 by Jay Adelson and Al Avery with the goal of providing data centers for internet companies. The company's initial focus was on the San Francisco Bay Area, but it quickly expanded into other markets, including New York and Chicago.

In 2000, Equinix completed its initial public offering (IPO) and began trading on the NASDAQ stock exchange. The company continued to grow and expand its facilities, eventually becoming one of the largest data center and interconnection providers in the world. In 2019, Equinix announced that it had over 200 data centers in 52 markets across 5 continents.

Throughout its history, Equinix has made several strategic acquisitions, including the purchase of a large European data center operator in 2008 and the acquisition of Verizon's data center business in 2016. These acquisitions have helped the company expand its geographic footprint and increase its services offerings.

Today, Equinix serves a diverse range of customers, from small startups to large multinational corporations. Its services include data center solutions, cloud interconnectivity, and network services. The company is widely regarded as a leader in the data center industry, and it continues to innovate and expand its services to meet the evolving needs of its customers.

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