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CoreSite’s Any2Exchange® Enhances Capabilities For Multi-Market Peering

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CoreSite Realty Corporation (NYSE:COR) has enhanced its Any2Exchange® internet peering service, enabling multi-market peering for customers. The new setup includes Any2East across Boston, New York, Northern Virginia, and Washington D.C., and Any2West in Silicon Valley and Los Angeles, improving network reach and performance.

This enhancement allows clients to reduce transit costs, lower latency, and improve overall user experience, serving over 400 customers connected to the Any2Exchange® network.

Positive
  • Enhanced Any2Exchange® service allows for multi-market peering.
  • New exchanges (Any2East and Any2West) increase customer connectivity.
  • Improved network reach and performance, lowering latency.
  • Potentially reduces transit costs for customers.
  • Over 400 customers connected to Any2Exchange®, enhancing market presence.
Negative
  • None.

DENVER--()--CoreSite Realty Corporation (NYSE:COR) (the “Company”), a premier provider of secure, reliable, high-performance data center, cloud and interconnection solutions in major U.S. metropolitan areas, today announced its enhanced Any2Exchange®. This internet peering service is now available for multi-market peering enabling customers to peer with other customers/participants in their regional exchange.

“We are pleased to be able to offer this expanded regional peering capability,” said Brian Warren, SVP of Development and Product Engineering at CoreSite. “Our customers will now be able to take advantage of improved network reach and performance by having the ability to peer with more routes in their given market.”

The New Any2Exchange® Service

The updated Any2Exchange® service is comprised of new regional exchanges, which have been created on the East and West Coasts. CoreSite’s Boston, New York, Northern Virginia and Washington D.C. markets now comprise the Any2East exchange, while its Silicon Valley and Los Angeles markets have been combined to establish the new Any2West exchange.

This regional approach increases the number of autonomous system number (ASN) routes and traffic on an exchange. Potential benefits include decreasing transit costs, improving performance, lowering latency and ultimately improving the end user experience.

In situations where customers have extremely latency-sensitive traffic or other local networking requirements, CoreSite has also implemented border gateway protocol (BGP) communities for the Any2Easy that allows participants to keep their peering traffic within a specific market.

The Any2Exchange® Advantage

Customers can realize the following benefits of CoreSite’s Any2Exchange®:

  • Lower IP transit cost from internet peering
  • Improve control over routing, which is an excellent option in the case of an outage, and reduce network hops
  • Leverage CoreSite’s Any2Exchange® for internet peering, now serving over 400 CoreSite customers, more than 250 of which are connected in the Any2West exchange
  • Access to one of the largest internet exchanges in the United States

CoreSite provides direct access to Any2Exchange® switches from all of its data centers. CoreSite’s switch fabrics feature a dual-core, dual-edge architecture that results in increased reliability and the potential for improved network disaster recovery. We offer 1Gbps, 10Gbps and 100Gbps connection speeds, depending on customer needs and location.

CoreSite’s Any2Exchange® service offers settlement-free internet peering, IPv4 and IPv6 protocols, improved network reach and performance as well as peering options to more routes with fewer network hops than customers could previously access. To take advantage of the enhanced service, customers order a port on the CoreSite Any2Exchange® and choose to join the Any2Easy route server or establish individual peering sessions with other participants on the exchange.

Additional Resources

Contact The Team > CoreSite would love to help support your digital transformation requirements, please contact us for further information on CoreSite’s capabilities.

Request a Tour > Let us take you on a virtual or live tour of a state-of-the-art CoreSite facility.

About CoreSite

CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center, cloud and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,350 of the world’s leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. Its scalable, flexible solutions and 460+ dedicated employees consistently deliver unmatched data center options — all of which leads to a best-in-class customer experience and lasting relationships. For more information, visit www.CoreSite.com.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “pro forma,” “estimates” or “anticipates” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond CoreSite’s control that may cause actual results to differ significantly from those expressed in any forward-looking statement. These risks include, without limitation: the geographic concentration of the Company’s data centers in certain markets and any adverse developments in local economic conditions or the level of supply of or demand for data center space in these markets; fluctuations in interest rates and increased operating costs; difficulties in identifying properties to acquire and completing acquisitions; significant industry competition, including indirect competition from cloud service providers; failure to obtain necessary outside financing; the ability to service existing debt; the failure to qualify or maintain its status as a REIT; financial market fluctuations; changes in real estate and zoning laws and increases in real property tax rates; the effects on our business operations, demand for our services and general economic conditions resulting from the spread of the Novel Coronavirus (“COVID-19”) in our markets, as well as orders, directives and legislative action by local, state and federal governments in response to such spread of COVID-19; and other factors affecting the real estate industry generally. All forward-looking statements reflect the Company’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in its most recent annual report on Form 10-K, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission.

Contacts

Brittany Pennington
Senior Director, Inside Sales
SDR@CoreSite.com

Kate Ruppe
Investor Relations
303-222-7369
InvestorRelations@CoreSite.com

FAQ

What is the new feature of CoreSite's Any2Exchange® announced in the press release?

The new feature includes multi-market peering capabilities through the updated Any2Exchange® service.

When did CoreSite announce the enhancement of Any2Exchange®?

CoreSite announced the enhancement of Any2Exchange® in a press release dated October 2023.

What markets are included in the new Any2Exchange® setup?

The new Any2Exchange® setup includes Any2East (Boston, New York, Northern Virginia, Washington D.C.) and Any2West (Silicon Valley, Los Angeles).

How does the Any2Exchange® benefit customers?

It allows customers to decrease transit costs, improve performance, and lower latency through enhanced network reach.

What is the stock symbol for CoreSite Realty Corporation?

The stock symbol for CoreSite Realty Corporation is COR.

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