“In the Internet age, server farms and data centers have sprawled across the globe to serve millions of customers. However, it’s rare to find a global company offering premium locations and providing accessibility to many carriers all in one place,” Marie Beerens reports for Investor’s Business Daily. “Equinix (EQIX) is one of the few.”
“‘They don’t own any IT equipment,’ said Todd Weller, managing director of equity research at Stifel Nicolaus. ‘They don’t take any responsibility for managing or maintaining that IT equipment. That’s all done by the customers who are going in and out of Equinix’s data center. It really is about the infrastructure.’ The Silicon Valley firm supplies the physical space as well as power, cooling and access to high-speed Internet lines to more than 4,500 clients worldwide,” Beerens reports. “While many companies build their own server farms, often located in remote areas, they use Equinix because of the fast and easy interconnectivity they can have with other providers in prime locations around the world. Equinix calls it its ecosystem.”
Beerens reports, “Among its clients are Amazon (AMZN), Apple (AAPL), AT&T (T), Facebook (FB) and Nokia (NOK).”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]