REDWOOD
CITY, Calif., March 25,
2024 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX),
the world's digital infrastructure company®, today filed
an 8-K and announced that the Audit Committee of the company's
Board of Directors has commenced an independent investigation to
review the matters referenced in a recent short seller report.
Shortly after the release of the report, the company received a
subpoena from the U.S. Attorney's Office for the Northern District
of California. Receipt of these
types of inquiries is not unusual in these circumstances, and
Equinix intends to fully cooperate in this matter. The company does
not expect to comment further on such matters until appropriate to
do so.
In a statement, the company said, "We take seriously our
obligations of transparency and accuracy in our financial
reporting. We believe we have earned the trust of our investors -
and all our stakeholders - by reliably delivering on our
commitments with integrity and meeting the requirements of our
customers, as we have demonstrated throughout our 25-year
history."
The company added, "We remain confident that our distinctive
advantages create significant long-term opportunity for Equinix and
continue to see our differentiated value proposition as highly
relevant to our more than 10,000 customers as they pursue their
digital transformation agendas and deploy distributed, hybrid and
multicloud infrastructure as the preferred architecture of
choice."
About Equinix
Equinix (Nasdaq: EQIX) is the world's digital
infrastructure company®. Digital leaders harness Equinix's trusted
platform to bring together and interconnect foundational
infrastructure at software speed. Equinix enables organizations to
access all the right places, partners and possibilities to scale
with agility, speed the launch of digital services, deliver
world-class experiences and multiply their value, while supporting
their sustainability goals.
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. In addition, see recent and upcoming Equinix
periodic, 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.