Bringing rich ecosystems of network, cloud, and enterprises to support digital economy development
Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, recently announced the completion of the acquisition of three data centers in Manila, the Philippines, from Total Information Management (“TIM”), a leading technology solutions provider.
In 2024, the Philippines’ digital economy reached US$45 billion (PhP 2.5 trillion), accounting for 8.5% of the country’s Gross Domestic Product.
This encompasses a wide range of digital transactions, including digital-enabling infrastructure, e-commerce, and digital media/content. The growing digital population, advancements in cloud development, and government initiatives—such as the National Broadband Plan and the Digital Philippines Campaign—are also accelerating the nation’s demand for high-performance digital infrastructure and advanced technology like AI.
Equinix hosts more than 2,000 networks globally and has a nearly 40% market share of the on-ramps to the major cloud service providers in the markets in which it operates. These newly acquired data centers also host leading network service providers with four of the main internet exchanges (IXs) in Manila. This robust network ecosystem offers a wide array of connectivity options for businesses that have a presence in the Philippines. With strategic partnerships with AI industry leaders like NVIDIA and HPE, Equinix’s entry into the Philippines will empower local organizations to connect with more than 10,000 companies within Equinix’s extensive global ecosystems, addressing growing demands for digital infrastructure and fostering AI innovation within the nation.
ASEAN has emerged as a premier destination for global businesses, drawing unprecedented foreign direct investment (FDI) inflows of US$230 billion in 2023, despite a 10% decline in global FDI.
With a robust data center network spanning Indonesia, Malaysia, and Singapore, Equinix’s facilities in the Philippines will provide global customers and partners the opportunity to build their digital infrastructure in this vibrant market and throughout the wider region.
Cyrus Adaggra, President, Asia-Pacific, Equinix, said: “This expansion is instrumental in fostering interconnection, enabling our customers and partners to scale seamlessly and securely within one of the region’s most dynamic digital economies. 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.”
Highlights / Key Facts
- The three carrier-neutral and high-performance data centers – MN1, MN2, and MN3 –provide more than 1,000 cabinets of capacity and land for further expansion. The newly launched facility, named MN2, provides 500 cabinets of capacity. Acquiring these data centers enables Equinix to immediately support local and global customers looking to expand into the Philippines.
- Southeast Asia is an important and one of the fastest-moving markets. Hot on the heels of the inauguration of its first data center in Jakarta, Indonesia, Equinix’s entry into the Philippines further amplifies its ability to serve the growing digital infrastructure demands of Southeast Asia. Equinix currently operates data centers in key Southeast Asian countries, including Indonesia, Malaysia, and Singapore. The company also recently announced an expansion plan in Thailand.
- With today’s announcement, the global footprint of Platform Equinix spans more than 270 data centers across 75 metros and 35 countries. Equinix operates 63 data centers in 17 key metros across Asia-Pacific, including Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Philippines, and Singapore.
