Equinix announced today a $43 million investment to build its fourth International Business Exchange data centre, TY4, in Tokyo.
According to the global interconnection and data centre company, the new facility will meet strong demand for Equinix's premium data centre services in the Otemachi area and provide customers with a broad choice of network connectivity options. More than 4,000 large enterprises and financial firms are headquartered in that area of Tokyo.
The company also said that the new data centre will be launched in two phases, providing total capacity of 750 cabinet equivalents.
The first phase, scheduled to open in the third quarter of 2013, will offer initial capacity of 450 cabinet equivalents. The facility will have direct fibre connectivity to Equinix's three other IBX data centres in the city.
"Tokyo is a strategic market for Equinix as it is one of the largest data centre markets worldwide and a primary gateway for traffic from the U.S. to Asia," said Kei Furuta, managing director, Equinix Japan. "We believe our expanded presence in Japan will give our customers greater access to global network connectivity and capitalise on the opportunities presented by the Japanese market."
The data centre's location was secured with the help of Mitsubishi Estate, the company said in its statement.
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