REDWOOD CITY, CALIF., Sept. 1, 2021 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™, announced today that it has extended Platform Equinix into the strategic Indian market, following the completion of the acquisition of the INDIA operations of GPX Global Systems, Inc. (“GPX India”). The US$161 million all-cash transaction includes a fiber-connected campus in MUMBAI with two data centers.
Equinix’s expansion into India will unlock opportunities for Indian businesses expanding internationally and for multinational corporations pursuing growth and innovation in the Indian market. With the upcoming 5G rollout in the country, companies can get ahead in the digital era with Equinix and benefit from the ability to accelerate their evolution from traditional to digital businesses by rapidly digitizing and scaling their infrastructure, easily adopting hybrid multi-cloud architectures and interconnecting with more than 350 international brands and local companies in India.
Equinix India will be led by Managing Director Manoj Paul, a veteran with more than two decades of experience who will leverage his deep insights into the local data center industry to support the digital transformation journeys of businesses in India.
- From the acquisition, the two new International Business Exchange™ (IBX®) data centers in Mumbai, dubbed Equinix MB1 and MB2, form a network-dense data center campus with more than 350 international brands and local companies, including the world’s leading cloud service providers (CSPs), global networks, content delivery network (CDN) providers, all local carriers, 170 internet service providers (ISPs) and five internet exchanges.
- Home to the digital infrastructure of numerous global organizations, the two data centers in Mumbai provides an initial 1,350 cabinets, with an additional 500 cabinets to build out. The facilities will add more than 90,000 square feet of colocation space to Platform Equinix® when fully built.
- Equinix’s Mumbai campus offers a cloud-dense environment and direct access to major cloud services, including AWS Direct Connect, Google Cloud Dedicated Interconnect, and Oracle Cloud Infrastructure FastConnect. It also hosts key internet exchanges such as AMS-IX India, Extreme IX, Mumbai IX-DE-CIX, National Internet Exchange of India (NIXI), and Bharat IX, allowing ISPs, carriers, CDNs, and large enterprises to exchange internet traffic.
- Equinix plans to introduce a full range of interconnection and digital infrastructure services, including Equinix Connect, Equinix Internet Exchange®, Metro Connect, Equinix FabricTM and Network Edge, in the new data centers upon the completion of the business integration. This will enable customers in India to connect in real-time, directly and privately, to more than 10,000 companies, including more than 1,800 networks and 3,000 cloud and IT service providers, through Platform Equinix for increased performance, security and scale.
- According to Frost & Sullivan, India is anticipated to become a US$2 trillion digital economy by 2030, growing at a 21% compound annual growth rate (CAGR). It also forecasts that 40% to 50% of Indian businesses will be taking a containerized hybrid multi-cloud approach for deploying applications by 2025.1 Digitalization and cloud adoption in India will be further accelerated by the upcoming rollout of 5G and ICT policy reforms of the government. The expansion of Platform Equinix will enable Indian businesses, as well as multinationals with a presence in India, to harness a trusted platform to bring together and interconnect the foundational infrastructure they need to power their success.
- Current customers at GPX India will now be able to access Platform Equinix capabilities worldwide. For example, OPPO, a leading global smart device brand, has deployed in MB2 and is leveraging Zenlayer’s IP transit and IP peering services to support its critical IT operations in India, including the OPPO App Market Store, local official website, and end-user data. Today’s announcement will further support OPPO’s omnichannel strategy in India and its global expansion ambitions as it can easily replicate its digital infrastructure with Equinix in India to anywhere via Equinix’s global platform.
- Over the years, Equinix has supported India-based partners, including HCL Technologies, Infosys, and Wipro, in deploying their customers’ digital infrastructure at Equinix IBX data centers outside of India.
- Appointed as Managing Director of Equinix India, Manoj Paul has over 25 years of extensive experience in IT and telecom infrastructure. Prior to Equinix, he led the India operation of GPX India, helping it to emerge as India’s most prominent carrier-neutral and cloud-dense data center. Before joining GPX India, Paul spent 11 years with Bharti Airtel Ltd, where his last role was Chief Operating Officer (Enterprises) for the Western region.
- Globally, Platform Equinix comprises more than 230 data centers across 65 metros and 27 countries, providing data center and interconnection services for more than 10,000 of the world’s leading businesses, including more than 50% of Fortune 500 companies. Today, Equinix operates 49 IBX data centers in Asia-Pacific across 13 metros in Australia, China, Hong Kong, India, Japan, Korea, and Singapore.
- In connection with this transaction, J.P. Morgan, Cyril Amarchand Mangaldas and Deloitte Touche Tohmatsu India LLP were advisors to Equinix, and KPMG and Kanga & Co were advisors to GPX.
New York, U.S.A. August 10th, 2020 – GPX Global Systems Inc., the premier provider of carrier-neutral Edge data center services in Africa and South Asia, today announced the sale of its Indian operations to Equinix, Inc. (NASDAQ: EQIX), the all-cash transaction value of US$161 million is expected to close in Q4 2020, subject to customary closing conditions including regulatory approval.
Equinix is acquiring GPX’s leading high-availability, carrier-neutral edge data center business in India, consisting of 2 Tier 4 data centers. GPX Mumbai1 is a 30,000 sq/ft data center, and the recently opened Mumbai2 datacenter will a 60,000 sq/ft facility when fully built. The two facilities are interconnected with GPX’s Data Center Interconnect network. GPX‘s datacenters host the largest internet ecosystem in India including 12 Telcos, 130+ ISPs, 4 Internet Exchanges, 8 Cloud Service Providers, plus all of the leading global CDNs and content providers (OTTs) creating an unrivaled internet and cloud ecosystem.
Nick Tanzi, President & CEO, GPX Global Systems, commented; “after 7 years of building our business in India I could not think of any company better suited than Equinix to expand the platform GPX has created in India and help our customers continue to grow. Equinix and GPX share common business philosophies including a commitment to carrier neutrality, a passion for delivering the highest quality customer service in the market, and fostering the growth and development of our employees. I’d like to thank our customers for providing GPX the privilege of serving them over the last seven years, and also thank our employees for always putting our customers first and doing whatever was necessary to meet our customer’s needs.”
“GPX Global Systems will now turn its attention to growing our business throughout Africa using our Egyptian business as the anchor for our expansion. We believe Africa represents a very similar opportunity that drove our investments in India, including rapidly increasing mobile usage, increased subsea fiber investments, and ever-increasing growth in content consumption and data usage. We look to offer customers within new markets we expand to the same unparalleled service and support which has made GPX the first choice for customers in both Egypt and India “
KPMG India acted as the exclusive financial advisor and provided end-to-end advisory support and Kanga & Company (www.kangacompany.com) acted as the exclusive legal advisor to GPX Global Systems, Inc. on this transaction.
GPX builds and operates next-generation Tier 4, private, carrier-neutral data centers. GPX has been recognized as the premier provider of carrier-neutral colocation facilities within African and South Asian markets. www.gpxglobal.net
Equinix, Inc. (Nasdaq: EQIX) connects the world’s leading businesses to their customers, employees, and partners inside the most-interconnected data centers. On this global platform for digital business, companies come together across more than 50 markets on five continents to reach everywhere, interconnect everyone, and integrate everything they need to create their digital futures. www.equinix.com
The Minister of Communications and Information Technology Yasser ElKady has witnessed the ceremony of signing the license renewal contracts of Global Peering Exchange- Egypt (GPX) for five years to fit the new expansions undertaken by the company for its activity in Egypt. GPX is specialized in the field of designing, constructing and managing advanced data and information centers for information exchange and internet connection.
The National Telecom Regulatory Authority (NTRA) Acting Executive President Mustafa Abdul Wahid and GPX- Egypt Director Richard Norman Euler have signed the license.
ElKady stated that Egypt strongly supports the new investments aiming to expand the giant data centers, to make Egypt a global hub for those activities. He ascertained that such projects contribute to the optimization of Egypt’s distinguished geographical location and strong infrastructure network, especially the international cable network which positions Egypt in the ranks of the distinguished countries in this area.
The ICT Minister added that the renewal of Egypt GPX license is a significant step through which the company can develop its business, pump new investments in the Egyptian market and provide new job opportunities for young people in the field of building and managing data and information centers.
In response to the increasing demand for data services in Egypt and creating a supportive environment for the growth of cloud computing industries, digital content services, service continuity solutions and disaster recovery, the company set up a new data center, which the ICT Minister inaugurated last December. The center is the first of its kind in Egypt and North Africa, built in accordance with the highest international standards and provides ongoing service by up to 99.999% . in addition, there are many requests from GPX’s customers to host their company’s data in Cairo Center.
For his part, GPX Chairman Nick Tanzi has underlined the company’s trust in the Egyptian market as a strategic investment center and a gateway to the Middle East. He referred to the company’s commitment to provide the highest quality in the secured data services and business solutions from the company’s offices in Cairo. GPX Global Systems has offices in Southeast Asia and the Middle East regions besides the two data centers in Cairo. Tanzi has also seconded the performance level of Egyptian engineers and technicians and stated that the company employs them to establish and manage its centers around the world.
ICT Minister Witnesses Signing GPX License Renewal Contracts to Build Data Centers
GPX’s 2nd Cairo Data Centre Adds 3,000 Square Meters of Equipped Space
NEW YORK, NEW YORK–(Marketwired – Dec. 14, 2015) – GPX Global Systems Inc., a premier provider of carrier-neutral colocation data centre services within the MENA and South/South East Asian regions, today announced the opening of its second Data Centre facility in Cairo, Egypt.
The new world class TIER4 data centre, which provides 3,000 sqm of additional collocation space and 5 MW of power, enhances GPX’s capacity to provide highly reliable, secure colocation space offering our customers a 99.999% uptime guarantee.
Demand for data centre services is growing in Egypt driven by enterprise disaster recovery requirements, cloud computing, and content services providers. GPX’s new data centre located in fast growing Central Business District of New Cairo offers Egyptian and multi-national customers a secure and accessible location to support their colocation needs.
Since moving into the Egyptian market in 2007, GPX is now an established part of the data centre landscape and continues to bring online new customer capacity to support domestic and international demand for data centre services in Egypt. Together with its Tier 4 Datacenter in Mumbai, India GPX continues to expand its platform across the MENA, South Asian, and South East Asian regions.
Nick Tanzi, GPX President & CEO comments “Our Egyptian expansion highlights GPX’s leadership in the market and our continued commitment to provide world class data centres in strategic geographic locations like Egypt. With two of the most reliable data centre facilities in Egypt, customers can confidently deploy their mission critical applications and technology, and have access to world class telecommunications infrastructure enabling cost effective, secure, and highly resilient business solutions.”
About GPX: Incorporated in August 2002, GPX develops and operates state-of-the- art, private, carrier neutral Data Centre’s in emerging, but fast growing commercial markets along the MENA, South Asian, and South East Asian regions. GPX has offices in New York, Dublin, Cairo, and Mumbai.
ICT Question: Please introduce yourself and provide us with your profile.
I am the Chairman of GPX Global Systems, Inc. a private, for profit, neutral Internet peering business focused on the MENA and South Asian Regions. Prior to GPX Global Systems, I was President and CEO of Metromedia Fiber Networks. Before joining Metromedia in 1998, I held the position of VP for Sales and Marketing of Fujitsu America’s Fiber Optics Products Division that was responsible for selling into the US carrier market. Prior to Fujitsu, I had a 17 year career with Digital Equipment Corporation starting in network engineering and rising to become the General Manager of the Network Services Group, a 600 person systems integration business unit.
While at Metromedia, I was responsible for selling the metro dark fiber assets developed by the company. I was also responsible for evolving the company’s strategy to include new classes of services such as WaveChannel, Gigabit Ethernet, IP, data center hosting and colocation, and PAIX Peering services to sell to enterprise and carrier customers. I also helped the company develop its Managed Hosting platform to extend the value of the company’s fiber assets.
ICT Question: What was the incentive for you to enter into the Data Center Internet Exchange field?
We have previous experience in building and running Internet exchange businesses in many markets throughout the world. The role of an Internet exchange is to provide the core infrastructure that supports the efficient growth of the Internet in any market. It forms the essential foundation that allows ISPs, carriers, and content providers to efficiently grow their businesses and offer more advanced services.
During our business planning process we analyzed many markets along the FLAG and Sea-Me-We3/4 undersea cable systems and determined that there was an excellent opportunity to establish Internet eXchanges in the developing MENA and South Asian regions. Egypt was selected as our hub site for the MENA region as they had the growth and stability factors that we were looking for, and we felt that our GPX carrier neutral model, with state-of-the-art infrastructure, a 99.999% SLA, and multi-level security, would be discriminators for our success.
ICT Question: Would you please tell us what are GPX Egypt services and products and its main target customers?
First it is important to explain the role of our Internet eXchanges. We provide a highly secure and reliable carrier neutral data center environment where ISPs, content providers, e-businesses, commercial customers, and telecommunications service providers can collocate their servers and networking equipment. By carrier neutral we mean that any customer in our Internet eXchange has access to multiple service providers and can purchase bandwidth and services that best suit their business requirements.
GPX does not sell bandwidth or managed services. We provide a secure and reliable data center environment for our customers to collocate and buy and sell services to each other.
ICT Question: Why did you choose Egypt as a starting point for the set up of the first of many to come data centers in the MENA and Asia regions?
We have a plan to enter several markets along the FLAG and Sea-Me-We 3 / 4 cable systems. We believe there are several important market factors that allow an Internet exchange to be successful.
First the country or market has to be a major aggregation point for bandwidth; clearly Egypt fills that role with major undersea cable systems landing points in Alexandria, Port Said, and Suez. These major cable systems connect the MENA region with Asia and Europe.
Second, the government has to have progressive policies that support the growth of the Internet and technology industries. This is clearly a priority for the Egyptian Ministry of Communication and Information Technology and National Telecommunication Regulatory Authority. They have implemented many successful efforts such as the Free Internet initiative, market deregulation, and technology cooperation that will not only fuel the continued growth of the Internet and IT industries, but also position Egypt as an Internet and technology leader for the MENA region.
The third factor is that the country or market needs to be a business, cultural, and political hub for their region. Clearly Egypt fits that profile with its many successful industries, the abundance of content including music and film that originate in Egypt and are consumed across the region, and its political pedigree and stature across the region. Because of these factors, we believe Egypt is an excellent choice for GPX’s business development.
We are currently in the process of establishing a GPX Internet eXchange in India for the same reasons outlined above.
ICT Question: Do you expect GPX Egypt to excel in the Egyptian market and in how long?
Yes we absolutely do, Egypt is a fast growing Internet market and the economy is stable and growing. We not only plan to service the local market, but we plan to attract offshore content providers, e-businesses, and multi-national companies to Egypt. Our experience has shown that it typically takes 24-36 months to get the critical mass of ISPs, content providers, commercial customers, and telecommunications companies into a new Internet exchange. As long as the Internet market and economy continue to grow, it will not be a question of if we will be successful, but only of when.
ICT Question: Where do you think Egypt stands technologically in comparison to other fast developing countries in the world now-a-days?
In many ways technology growth is a function of the markets growth, and once again we believe that the Egyptian Ministry of Communication and Information Technology and National Telecommunication Regulatory Authority have done an excellent job in providing the foundation for growth.
If we look at the wireless market, the technology and services are as advanced as any in the world. If we look at the ISPs, they have deployed some of the most highly developed backbone technology available, including MPLS. The plans to create Internet based applications for e-government, and e-signature are very progressive and innovative for a developing market.
In our view many of the technologies, applications, and services being developed and implemented by industry and the Government, are positioning Egypt as one of the technology leaders amongst the developing markets.
ICT Question: What model does GPX depend on? And Why?
GPX Egypt provides a totally neutral platform for ISPs, Telcos, content providers, and/or commercial business to host their servers and create a Point of Presence at a highly secure, developed, and managed data center infrastructure. The neutral platform means that GPX customers are not limited to one bandwidth or service provider, but have access to multiple service providers and can purchase bandwidth and services that best suit their business requirements.
ICT Question: How about 2007 business targets??
2007 will be our first year of full operations; we will be launching our GPX Egypt Internet eXchange in the second quarter of 2007. Our goals are to aggressively market, our Internet eXchange, Egypt, and the MENA region globally. We are very excited about offering our services to the local and international markets.
ICT Question: How is GPX Egypt taking part in ICT07 this year?
GPX participation in ICT07 is considered a soft launching for our presence in the Egyptian and MENA region markets.
We are planning to officially launch the data center during the second quarter of 2007. We feel that it is important to have an early presence in a highly regarded regional IT event such as the ICT 2007.
In addition, we are taking this opportunity to announce the presence of an F-Root server in our data center. The server will mirror the F-root, one of the 13 ‘Root Name Servers’ located around the world which controls and organizes accessibility to the Internet. . Its presence in Egypt, through our facility, is considered as one of the fundamental elements of stability of the local ISPs backbone infrastructure.
Furthermore, this event will give us the chance to get better acquainted with international, regional, and local business entities, and establish a network of contacts that will be used to pave our way into the market.