Equinix Company History Timeline
Equinix was founded in 1998 by Al Avery and Jay Adelson, two facilities managers at Digital Equipment Corporation.
In 2002, Equinix merged with i-STT, allowing the company’s expansion in China, Singapore, Australia, and Japan.
In 2007, the firm announced a $2 billion international expansion plan and entered the European market by acquiring data center operator IXEurope and its facilities.
In 2010, Equinix acquired Switch and Data Facilities Company, a United States internet exchange and colocation services provider.
In 2010, Equinix opened its 50th data center, in London.
In 2010, the company purchased Switch and Data Facilities Company, Inc., a United States internet exchange and colocation services provider.
Also in 2012, it acquired Hong Kong-based data center provider Asia-Tone.
In 2014, Equinix increased its Latin American presence when it acquired ALOG Datacenters of Brazil S.A., the country's leading provider of carrier-neutral data centers.
In 2015, Equinix converted to a real estate investment trust (REIT) to gain tax advantages and add shareholder value.
In 2015, the company made a long-term pledge to power its entire data center platform with clean and renewable energy.
In 2016, Equinix opened new data centers in Dallas, Sydney and Tokyo and announced a deal to acquire 29 data centers in 15 markets from Verizon.
In 2017, the firm also opened a new data center in São Paulo.
In 2017, Equinix acquired Itconic, which expanded its data center footprint into Spain and Portugal.
In 2018, Equinix acquired the Australian data center provider Metronode.
In 2018, according to data collected by the online publication Sludge, Equinix signed three contracts with the United States agency Customs and Border Protection to provide "information technology support equipment" totalling over $5 million.
In 2018, Equinix purchased the Dallas Infomart building, where it had already been operating four data centers.
In 2019, the United States Environmental Protection Agency named Equinix one of 17 Green Power Partners leading the transition to renewable energy.
The company expanded into India in August 2020 with the acquisition of GPX India, including a campus in Mumbai with two data centers.
In September 2020, Equinix priced $1.35 billion in green bonds to finance new and existing green projects.
In November 2020, the EPA gave Equinix its 2020 Green Power Partner of the Year award.
In December 2020, Equinix was listed on the NASDAQ stock exchange.
On December 7, 2021, Equinix announced its acquisition of Main One, a West African data center and connectivity solutions provider, for $320 million.
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Switch and Data | 1998 | $171.5B | 339 | - |
CyrusOne | 2000 | $1.2B | 452 | 29 |
Enventis Telecom | 1997 | $123.2M | 1 | - |
Cologix | 2010 | $97.9M | 16 | 3 |
AT&T | 1983 | $168.9B | 230,000 | 3,870 |
Deft | 2000 | $50.1M | 50 | 6 |
Riverbed Holdings, Inc. | 2014 | $1.2B | 2,354 | 23 |
Calance | 1986 | $82.1M | 30 | 2 |
Rapattoni | 1970 | $14.0M | 300 | - |
TiVo | 1983 | $489.6M | 1,701 | - |
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