Data center operator Equinix (equinix.com) declared on November 7, 2007 the grand opening of its fourth Internet Business Exchange center in the New York area. The announcement comes as the demand for premium data center collocation and network exchange services in the New York region continues to accelerate.

The first phase of the $95 million NY4 center, located in Secaucus, New Jersey, has 50 percent of the space already reserved by customers, primarily from within the rapidly growing financial services industry in the region, says Equinix. NY4 opens with a global investment bank as anchor customer and ICAP, a global inter-dealer broker, as one of the financial services companies in the center as well. Based on the center's success to date, Equinix says it has begun the design and planning stage of a potential Phase II expansion of NY4.

Located near Equinix's existing NY2 center, the new facility is Equinix's largest in the US to date at 340,000 square feet, approximately the size of five football fields. At full build out, the center will feature a total capacity of approximately 4,700 cabinets with an annual revenue capacity of between $95 million and $110 million. It is directly linked to the three other New York area IBX centers through redundant dark fiber links managed by Equinix.

"Today's grand opening of our NY4 center provides further proof of Equinix's ability to execute on large-scale builds and fill them quickly with strong customer demand, especially from the financial services market," commented Steve Smith, president and CEO of Equinix. "We look forward to continuing this brisk pace of growth as the global market demand for premium data center and collocation services continue to outpace supply.”