Equinix Expands In Los Angeles

Equinix, a major operator of data centers and colocation services, said today that it is expanding its operating in Los Angeles, with the planned acquisition of a new data center in the region. Equinix said that the expansion, tied with expansion of an existing center it has in Silicon Valley, is a result of demand for data center and network exchange services which as far outpaced supply. Equinix specifically pinpointed rising customer demand from the digital media and entertainment industry in Los Angeles. The new $49M property will be near an Equinix center in El Segundo.