By Tas Bindi, ZDNet
July 13, 2017

Equinix has announced plans to invest $42 million to expand its SY4 International Business Exchange (IBX) datacentre to meet demand for additional capacity and interconnection services.

The NASDAQ-listed datacentre company said it will add 1,500 cabinets to the SY4 datacentre — opened in Alexandria in August last year — bringing the total capacity to 3,000 cabinets, with a total usable floor space of more than 12,500 square metres.

Jeremy Deutsch, managing director at Equinix Australia, said Australia is fast becoming “an interconnection hotspot”, as supported by a recent survey the datacentre company conducted with 1,000 global IT decision makers.

Equinix said its Sydney campus, which comprises SY1, SY2, SY3, and SY4, can set up direct links to the continent's two largest internet peering points, in addition to key submarine cable systems, including the Southern Cross Cable Head, the PIPE Pacific Cable, and the impending Hawaiki cable which will terminate in SY4.

SY4 currently supports more than 100 local and multinational companies, and its expansion is set to be completed by the end of 2017.

Read more…