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Equinix, Inc. has announced the completion of its acquisition of three data centres in Manila, Philippines. Equinix made the acquisition from Total Information Management (TIM), a technology solutions provider. This move marks Equinix’s expansion into the Philippine market.
The digital economy in the Philippines reached USD $45 billion in 2024, representing 8.5% of the country’s Gross Domestic Product. This sector includes digital infrastructure, e-commerce, and digital media/content.
Factors such as the growing digital population, cloud advancements, and government initiatives like the National Broadband Plan are contributing to the demand for digital infrastructure and advanced technologies.
The newly acquired data centres host various network service providers, including four of Manila’s main internet exchanges. Equinix’s existing global network spans over 2,000 networks and connects to major cloud service providers.
The company’s entry into the Philippines is expected to support local organisations by offering connectivity options within its global ecosystems.
Southeast Asia attracted USD $230 billion in foreign direct investment (FDI) in 2023. Equinix already operates data centres in Indonesia, Malaysia, and Singapore. The addition of facilities in the Philippines provides customers and partners with opportunities to build their digital infrastructure in the region.
Cyrus Adaggra, President, Asia-Pacific, Equinix, stated that this expansion helps customers and partners to scale within a dynamic digital economy.
Cyrus Adaggra
“By broadening our footprint in the Southeast Asia region, we are not only expanding our digital platform but also supporting the development of cutting-edge AI services and technology, aligning with the governments’ digital ambitions. This move reaffirms our commitment to empowering Philippines with innovative, world-class infrastructure to thrive in an increasingly interconnected world,” Cyrus said.
The acquired carrier-neutral data centres (MN1, MN2, and MN3) offer over 1,000 cabinets of capacity, with land available for future expansion.
The new MN2 facility alone provides 500 cabinets of capacity. This acquisition allows Equinix to support customers looking to expand into the Philippines immediately. Equinix’s global platform now includes over 270 data centres across 75 metros and 35 countries, with 63 data centres in 17 Asia-Pacific metros.