Data centre firm Equinix enters the Philippines, eyes on South-east Asia

EQUINIX has acquired three data centres in the Philippines from Total Information Management to expand its presence in the high-growth-potential region of South-east Asia, the global data centre firm said on Tuesday (Jul 23).

The US-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 South-east Asian countries present a conducive environment for data centre establishments, thanks to their strong growth potential, young, tech-savvy population, inexpensive land and labour 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. REUTERS