-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J+QNWTHBqCn9ymg0EB05SxuO3RyKSWCYL2T/6JAr0x7XQai6BuHxWWcLxH3nzFjP pMCQSTj9v2cdon3IO3z7AQ== 0001193125-06-251618.txt : 20061212 0001193125-06-251618.hdr.sgml : 20061212 20061212163133 ACCESSION NUMBER: 0001193125-06-251618 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061211 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061212 DATE AS OF CHANGE: 20061212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EQUINIX INC CENTRAL INDEX KEY: 0001101239 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 770487526 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-31293 FILM NUMBER: 061271912 BUSINESS ADDRESS: STREET 1: 301 VELOCITY WAY, 5TH FLOOR CITY: FOSTER CITY STATE: CA ZIP: 94404 BUSINESS PHONE: 650-513-7000 MAIL ADDRESS: STREET 1: 301 VELOCITY WAY, 5TH FLOOR CITY: FOSTER CITY STATE: CA ZIP: 94404 8-K 1 d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 


FORM 8-K

 


CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event Reported): December 11, 2006

 


EQUINIX, INC.

(Exact Name of Registrant as Specified in its Charter)

 


 

Delaware   000-31293   77-0487526
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

301 Velocity Way, 5th Floor

Foster City, California 94404

(650) 513-7000

(Addresses of principal executive offices)

 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 8.01. Other Events

On December 11, 2006, Equinix, Inc. announced the sale of its Honolulu IBX center and issued the related press release attached hereto as Exhibit 99.1. This press release is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

99.1    Press Release of Equinix, Inc. dated December 11, 2006.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  EQUINIX, INC.
Date: December 12, 2006   By:  

/s/ KEITH D. TAYLOR

    Keith D. Taylor
    Chief Financial Officer


EXHIBIT INDEX

 

Exhibit
Number
 

Description

99.1   Press Release of Equinix, Inc. dated December 11, 2006.
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

Equinix Announces Sale of Its Honolulu IBX Center

Buy-Out by Former Equinix Staff Enables Equinix to Sell Non-Strategic Asset as Company Prepares to Open Three New Centers in 2007

FOSTER CITY, Calif.—(BUSINESS WIRE)—Dec. 11, 2006—Equinix, Inc. (Nasdaq:EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced that it has entered into an agreement with DR Fortress, LLC for the sale of the Equinix Honolulu Internet Business Exchange(TM) (IBX(R)) center. The transaction, which is expected to be completed today, will enable Equinix to focus on more strategic markets, such as New York, Chicago and Washington, D.C., where it will be opening new centers in 2007.

Originally acquired by Equinix from Pihana Pacific in 2002, the existing Honolulu center and staff will be managed by DR Fortress, a Hawaiian based operator of managed collocation facilities. The company is locally led by former Equinix personnel who will provide seamless continuity of all Equinix service offerings to the existing customers of the Honolulu IBX, including the Internet peering exchange. Additionally, DR Fortress is planning to develop a series of localized service offerings and increase the capacity of the center in order to meet the growth demands of customers.

“The Honolulu IBX was acquired several years ago as a part of Equinix’s acquisition of Pihana Pacific,” said Peter Van Camp, CEO of Equinix. “Removing this asset from our portfolio will enable Equinix to continue its traditional focus on top tier markets where we have ambitious expansion plans for 2007 and beyond.”

Equinix and DR Fortress have developed a comprehensive plan to ensure a smooth customer transition. The operational, engineering and technical staff for the facility will remain in place, transitioning from Equinix to DR Fortress once the sale is complete. Many of these staff members were part of the original design team that built the center in 2000.

About Equinix

Equinix is the leading global provider of network-neutral data centers and Internet exchange services for enterprises, content companies, systems integrators and network services providers. Through the company’s Internet Business Exchange(TM) (IBX(R)) centers in 11 markets in the U.S. and Asia, customers can directly interconnect with every major global network and ISP for their critical peering, transit and traffic exchange requirements. These interconnection points facilitate the highest performance and growth of the Internet by serving as neutral and open marketplaces for Internet infrastructure services, allowing customers to expand their businesses while reducing costs.

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; a failure to receive significant revenue from customers in recently-acquired data centers; failure to complete any financing arrangements contemplated from time to time; failure to receive the proceeds from our loan commitments as expected; failure to increase the debt financing on our Washington, D.C. area campus as expected; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; the results of any regulatory review of past stock option grants and practices or any litigation relating to such grants and practices; and other risks described from time to time in Equinix’s filings with the Securities and Exchange Commission. In particular, see Equinix’s recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

Equinix and IBX are registered trademarks of Equinix, Inc. Internet Business Exchange is a trademark of Equinix, Inc.

 

CONTACT:   Equinix, Inc.
  Jason Starr, 650-513-7402 (Investor Relations)
  jstarr@equinix.com
  or
  K/F Communications, Inc.
  David Fonkalsrud, 415-255-6506 (Media)
  dave@kfcomm.com
SOURCE:   Equinix, Inc.
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