Equinix Collaborates with Nasdaq to Scale Digital Infrastructure

Rhea-AI Summary

Equinix (Nasdaq: EQIX) has announced a multi-year partnership with Nasdaq (Nasdaq: NDAQ) to enhance the NY11 data center in Carteret, New Jersey. This collaboration aims to develop Nasdaq's cloud infrastructure, providing low-latency edge compute capabilities. Nasdaq has utilized Equinix for over 13 years, benefiting from its interconnected platform and extensive ecosystem. The agreement will further support Nasdaq's hybrid infrastructure, enabling access to critical cloud services and facilitating future deployments across North America, Europe, and Asia-Pacific.

Positive

• Partnership with Nasdaq strengthens Equinix's position in the cloud infrastructure market.
• Expanded commitment allows Nasdaq to enhance cloud transformation and service offerings.
• Equinix's global footprint facilitates connections with critical cloud service providers.

Negative

• None.

REDWOOD CITY, Calif., Dec. 15, 2021 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, today announced a multi-year partnership with Nasdaq, Inc. (Nasdaq: NDAQ) to scale the Equinix NY11 data center in Carteret, New Jersey to support the build out of Nasdaq's cloud infrastructure. 

"Our partnership with Equinix is a critical step in Nasdaq's cloud journey. This agreement will allow us to deliver ultra-low latency edge compute capabilities directly from our primary data center in Carteret, New Jersey," said Tal Cohen, Executive Vice President, Head of North American Markets at Nasdaq. "Our goal with this hybrid infrastructure is to provide new services and products for our clients with added flexibility and low latency, including virtual connectivity services, market analytics, risk tools and machine learning."

For more than 13 years, Nasdaq has leveraged Platform Equinix^® to support its extensive customer and vendor ecosystem across the world, enabling low latency access for workflows that support the full trade lifecycle including price discovery and analytics in addition to other pre- and post-trade tools. The expanded commitment with Equinix will bring Nasdaq one step closer to moving its markets to the cloud.

Today Equinix offers Nasdaq a robust, interconnected platform and allows for the direct and secure exchange of data between Nasdaq and its ecosystem partners.  The agreement will further enable Nasdaq to address current and future infrastructure requirements while accelerating its cloud transformation at a global scale. 

"The evolution of digital infrastructure in financial services has led to immense opportunities for our customers to grow, scale, and transform," said Jon Lin, Equinix President, Americas. "We are committed to Nasdaq, as it leverages our robust financial ecosystem to transform its industry over the next decade and beyond." 

Highlights/Key Facts

• The presence of critical cloud service providers and diverse ecosystems available on Platform Equinix^® enables Nasdaq to connect to network suppliers, cloud partners and service providers, while minimizing time-to-market and total cost of ownership.
• Nasdaq's current and planned future deployments across Equinix International Business Exchange™ (IBX^®) data centers include Canada, the U.S., Europe, and Asia-Pacific, with additional expansions anticipated over the next several years.
• Equinix global footprint includes presence in the top global financial centers and has a solid track record of investing to support the growth of electronic trading community. The company is home to the largest multi-asset class electronic trading ecosystem in the world, enabling market participants to trade across equities, derivatives, commodities, foreign exchange and fixed income markets. Its financial ecosystem ensures security and reliability for managing risk and regulatory compliance.

About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.Nasdaq.com.

Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centers and developing, deploying and delivering Equinix products and solutions, unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; a failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/equinix-collaborates-with-nasdaq-to-scale-digital-infrastructure-301445746.html

SOURCE Equinix, Inc.

FAQ

What is the significance of Equinix's partnership with Nasdaq announced on Dec 15, 2021?

The partnership allows Equinix to assist Nasdaq in scaling its cloud infrastructure, enhancing low-latency capabilities and service offerings.

How will the partnership impact Equinix's stock performance (EQIX, NDAQ)?

The collaboration is expected to strengthen Equinix's market position and may positively influence its stock by driving future growth.

What are the future deployment plans for Nasdaq with Equinix?

Nasdaq plans further deployments across Equinix data centers in Canada, the U.S., Europe, and Asia-Pacific in the coming years.

How long has Nasdaq been utilizing Equinix's services?

Nasdaq has leveraged Equinix's Platform Equinix for over 13 years to support its global customer and vendor ecosystem.