Located in El Segundo, will add 2,000 cabinets and double Equinix's Los Angeles area footprint to 200,000 sq. ft.

Equinix, Inc., a provider of data centers and Internet exchange services, today announced an agreement to acquire a new data center in the Los Angeles area.

The new center will be acquired through a purchase, where Equinix will own the land, the building and the data center assets. The center, located in El Segundo, will become Equinix's third IBX center in the Los Angeles area, and follows expansions announced by Equinix earlier this year in the Silicon Valley and Chicago markets.

The company says that the center, with its advanced power infrastructure, will add 2,000 cabinets and will double Equinix's Los Angeles area footprint to 200,000 square feet. Equinix intends to open the new center for customers in the first half of 2006. The center will be interconnected to Equinix's downtown Los Angeles IBX centers.

"With three data center acquisitions since the beginning of 2005, Equinix is responding to the strong customer growth that is solidifying our leadership position in the colocation and exchange services market and paving the way to meeting our goal of building a $500 million dollar company. As our expansion plans are critical to the growth of the company, Equinix has committed a seasoned veteran of the Equinix senior management team, Renee Lanam, to oversee these efforts. I have the utmost confidence in Renee's leadership in this new role," said Peter Van Camp, CEO of Equinix.