By Equinix Inc, a global digital infrastructure company, has acquired three data centres in the Philippines from Total Information Management to expand its presence in the high growth potential region of Southeast Asia, the global data centre firm said on Tuesday.
Reuters reported today the U.S.-based company, which has already established its presence in countries in the region such as Indonesia and Malaysia, also intends to expand its footprint in Singapore as the compact city-state opens the door to building more facilities.
“This strategic acquisition, combined with our recent expansions in Malaysia and Indonesia, as well as the awarded data centre capacity in Singapore, will greatly enhance our footprint in the region,” said Jeremy Deutsch, president, Asia-Pacific, at Equinix, without divulging any financial details.
Most Southeast Asian countries present a conducive environment for data centre establishments, thanks to their strong growth potential, young, tech-savvy population, inexpensive land and labor expense, and favourable policies.
Global tech giants such as Google, Microsoft and Amazon have already invested billions of dollars in the region to cater to the burgeoning demand for artificial intelligence and cloud computing services.
Equinix will also expand in new markets including Jakarta, Indonesia, and Chennai, India later this year, it added.
Earlier, Equinix has opened two International Business Exchange (IBX) data centres in Johor and Kuala Lumpur respectively saying these carrier-neutral facilities establish a robust digital infrastructure in Malaysia to support its digital economy ambition, particularly as a regional digital hub.
Malaysian-based businesses will gain access to a global ecosystem of over 10,000 enterprises, networks and cloud service providers, while global businesses can seize the digital opportunities presented by the nation, it said.
Equinix president of Asia-Pacific Jeremy Deutsch said Malaysia is a cornerstone market and top destination that is highly sought after by the company’s valuable customers. “We are dedicated to delivering exceptional digital infrastructure solutions that empower businesses to thrive in this dynamic landscape, fuelling innovation, economic growth and societal advancement.”
