REDWOOD CITY, Calif.,
March 17, 2015 /PRNewswire/
-- Equinix, Inc. (Nasdaq: EQIX), the global interconnection
and data center company, today announced that it has been added to
the S&P 500 index, moving from the S&P MidCap 400. This
will take effect after the close of trading on Friday, March 20, and will make each index more
representative of its market capitalization range.
"Achieving S&P 500 status is an outstanding accomplishment,
and a reflection on the unique role that we play in the broader
technology and distributed infrastructure industries," said
Steve Smith, CEO for Equinix.
"Equinix sits at the middle of several secular trends in the
industry including mobility, cloud computing and the Internet of
Things, which has helped us grow the company's revenues by 14
percent year-over-year in 2014. Additionally, with our conversion
to a REIT, we are well positioned to continue delivering
shareholder value in the coming year. The S&P 500 is great
validation of what we've worked so hard to achieve."
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is
the world's largest, global resource for index-based concepts, data
and research and home to iconic financial market indicators, such
as the S&P 500® and the Dow Jones Industrial Average®.
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world's leading
businesses to their customers, employees and partners inside the
most interconnected data centers. In 33 markets worldwide,
Equinix is where companies come together to realize new
opportunities and accelerate their business, IT and cloud
strategies. http://www.equinix.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 centers and developing, deploying and delivering
Equinix services; unanticipated costs or difficulties relating to
the integration of companies we have acquired or will acquire into
Equinix; a failure to receive significant revenue from customers in
recently built out or acquired data centers; 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; and other risks described from time to time
in Equinix's filings with the Securities and Exchange Commission.
In particular, see Equinix's recent 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.
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SOURCE Equinix, Inc.