Operating income for Q1 reached $384 million, registering a 36% increase compared to the second fourth quarter of last year. Charles Meyers, President and CEO, : We had a strong start to the year, delivering nearly $2 billion of revenue for the quarter, as our outlook remains positive with the overall demand for digital transformation…
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Olinger has served as Chief Financial Officer at Prologis for the past 15 years. During his time there, he drove significant scale and scope. He oversaw the roll-up of forecasted real estate operating results and metrics globally and served as chair of the company's Global Operating Committee. Before serving as CFO, he was Prologis' Chief…
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With the new investment, the company enters strategically important connectivity hub for digital networks. The South African market boasts a significant network of submarine communications cables, established at several points across the country's 2,850 kilometres of coastline. Eugene Bergen, President, EMEA, Equinix, said: We entered the African continent earlier this year with the acquisition of…
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Jeremy Deutsch, President, Asia-Pacific, Equinix, commented: Establishing a presence in Johor strengthens Equinix's leadership position in Asia-Pacific within a strategic market such as Malaysia, one of the most requested markets in Asia-Pacific by our global customers. I would like to express our gratitude to the Digital Investment Office (DIO), Invest Johor, and Tenaga Nasional Berhad (TNB) for…
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Operating income for Q3 reached $333 million, registering a 5% increase compared to the second quarter. Charles Meyers, the President and CEO of Equinix, said: We had another record quarter as global demand for digital infrastructure continues to grow and customer preferences trend convincingly toward architectures that are highly distributed, persistently hybrid, deeply cloud-connected, and…
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Tara Risser, President, Americas, Equinix noted that the company has chose Colombia for its investment because of its fast-growing IT sector and its large regional economy. Risser commented: The country's economy has boomed over the past decade, driven by thriving energy and manufacturing sectors. We believe the country is also well positioned to support businesses…
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In June this year, Equinix appointed Fidelma Russo and Jeetu Patel to its board of directors. Earlier this year, the digital infrastructure company expanded its global presence in Chile and Peru. Next quarter outlook The company stated that for the third quarter of 2022, it expects a 1-2 % increase in revenue compared to Q2,…
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At Cisco, Jeetu Patel serves as its Executive Vice President and General Manager of Security and Collaboration. There, he leads the strategy and development for these businesses. He is also responsible for P&L for this multibillion-dollar portfolio. In this position, he focuses on accelerating the company's transformation and growth. Before joining Cisco, Patel worked as…
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Equinix saw strong increases in revenue amid a jump in demand of its services. In 2022, the digital infrastructure company expanded its global presence in Munich, Chile and Peru and acquired West African data center and connectivity solutions provider MainOne. Next quarter outlook The company stated that for the second quarter of 2022, it expects…
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Under the terms of the deal, Equinix and Entel have will form a strategic partnership to enable enterprises in Chile and Peru to leverage hybrid multicloud solutions to accelerate their digital transformation. Charles Meyers, President and CEO, Equinix commented: Latin America holds enormous potential, and our commitment to the region has exponentially grown since we…
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