October 2009

Switch and Data

Acquisition Overview

NASDAQ: EQIX

Filed by Equinix, Inc.

Pursuant to Rule 425 under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-12

of the Securities Exchange Act of 1934

Subject Company:

Switch & Data Facilities Company, Inc.                         

(Commission File No. 001-33302)

2

Public Disclosure Statement

Except for historical information, our presentation today contains

forward-looking statements which include words such as “believe”,

“anticipate”

and “expect”.  These forward-looking statements

involve risks and uncertainties that may cause Equinix’s actual

results to differ materially from those expressed or implied by

these statements.  Factors that may affect Equinix’s results are

summarized in our annual report on Form 10-K filed February 26,

2009, and quarterly report on Form 10-Q filed on July 29, 2009. 

Equinix assumes no obligation and does not intend to update

forward-looking

statements made in this presentation.

FORWARD

LOOKING

STATEMENTS

Equinix

Announces Agreement to

Acquire

Switch and Data

Definitive

Agreement

-

Announced

October

21,

2009

Transaction valued at approximately $689 million based on closing price of Equinix

stock on October 20, 2009

Overall

consideration

paid

by

Equinix

will

be

80%

Equinix

stock

and

20%

cash

Switch and Data stockholders will have the opportunity to elect to receive 0.19409

shares of Equinix

stock or $19.06 for each share of Switch and Data stock, subject to

pro-rata adjustment to achieve the 80/20 mix of stock and cash

Expected to qualify as a tax-free exchange to Switch and Data’s stockholders with

respect

to

the

stock

portion

of

the

merger

consideration

–

an

amount

of

the

cash

portion

of

the

merger

consideration

may

be

replaced

by

an

equivalent

amount

of

Equinix

stock

to the extent necessary to achieve this

Switch and Data directors, executive officers, and certain significant Stockholders have

agreed to vote 35% of Switch and Data’s outstanding shares in favor of the transaction

The transaction is expected to close in the first quarter of 2010 subject to customary

closing conditions, including the approval of Switch and Data’s stockholders and

regulatory approvals

3

4

4

Business Drivers for Acquisition

of Switch and Data

Investing in our core business with measured and fully-funded

expansion plan

Stronger balance sheet for combined expansion capacity

DISCIPLINED

EXPANSION

SUSTAINABLE

DIFFERENTIATION

High levels of network connectivity, operational reliability and

global capabilities

Access to broader North American reach for latency-sensitive

applications

CUSTOMER

FOCUS

Committed to our customers’

success

Expanded capacity and new markets

INDUSTRY

LEADERSHIP

Leading market position in data center services

A leading Global Provider with over 6M gross Sq Ft worldwide

STOCKHOLDER

VALUE

Increased scale and potential synergies reduce operating costs

Accretive to Equinix stand alone cash flow going forward

Favorable industry trends fueling increasing demand

Adds 16 additional North American markets

MARKET

MOMENTUM

5

Data Center Hosting Services Landscape

Sources: Gartner  Nov 2008 & Ovum 2009,

The North American datacenter market is highly fragmented, with over

350 companies providing Internet Data Center services

•

Growth in the North American Web

hosting market is supported by multiple,

strong fundamental trends, including:

•

Utility computing (including virtualization) 

•

The growth in Web content and

applications

North American Web Hosting Market, 2008-2012

(Millions of U.S. Dollars)

Colocation

Colocation

Managed

Managed

Infrastructure

Infrastructure

Hosting

Hosting

Application

Application

Hosting

Hosting

Cloud/Utility

Cloud/Utility

Level of IT

Complexity

Low

Hi

6

6

Market leading ecosystem built

to deliver low latency services

Sustainable Differentiation

Equinix: Providing a Unique Ecosystem

•

With

every

major

domestic

and

international

network

as

a

customer,

Equinix

acts

like

an

“airport

hub,”

connecting businesses to the routes/carriers that lead most directly to the desired destination

The Hub of the Internet

Content Services Hub

Interconnecting the largest array of

networks and content providers

Connecting providers and customers

of cloud computing with the key

network and content players

Content Services Hub

Financial Services Hub

Enterprise Computing Hub

The Hub of the Internet

7

Market Momentum

Industry Trends

299

797

1,728

2,849

4,554

6,767

9,681

0

2,000

4,000

6,000

8,000

10,000

12,000

2006

2007

2008

2009E

2010E

2011E

2012E

4,234

6,658

10,803

16,195

24,019

32,489

43,551

0

10,000

20,000

30,000

40,000

50,000

2006

2007

2008

2009E

2010E

2011E

2012E

$46

$56

$71

$89

$114

$150

--

$40.0

$80.0

$120.0

$160.0

2008

2009E

2010E

2011E

2012E

2013E

1,350

26

410

253

125

60

--

200

400

600

800

1,000

1,200

1,400

1,600

2004

2005

2006

2007

2008

2009E

(Thousands of peak messages per second)

(Revenue, $ in Billions)

Source: Gartner (2009).

Source:

Cisco

Visual

Networking

Index

–

Forecast

and

Methodology,

2007–2012.

GLOBAL IP TRAFFIC

US TRADING VOLUME

GLOBAL CLOUD SERVICES REVENUE

GLOBAL CONSUMER VIDEO TRAFFIC

(Petabytes

per month)

(Petabytes

per month)

Source:

Cisco

Visual

Networking

Index

–

Forecast

and

Methodology,

2007–2012.

8

8

Our Customer Base

CONTENT

FINANCIAL

NETWORK

ENTERPRISE

GLOBAL

RECURRING

REVENUE

CONTRIBUTION

(1)

26%

17%

20%

37%

(1) Q3 ’09 Global MRR billing (excluding Netherlands).

Blue chip customer base that is diversified across our key business segments

Switch and Data

Unique Data Center Footprint

Chicago

Los Angeles

New York

Area

Dallas/Irving

Silicon Valley

Washington, D.C.

Phoenix

Denver

Miami

Tampa

Atlanta

Indianapolis

Boston

Detroit

Buffalo

Cleveland

Philadelphia

Pittsburgh

Nashville

Seattle

Toronto

St. Louis

Equinix

Switch and Data

Sources: Wall Street research and press releases

Data Center Footprint Comparison

9

Switch and Data Has 22 Markets & 34 Data Centers In North America

Expansion Markets:

Switch and Data provides a footprint in key new markets (Atlanta, Denver, Miami, Seattle,

Toronto)

•

Performance:

positions Equinix

to meet the needs of key network & cloud providers

•

Growth:

expands our growth/investment prospects

Capacity:

provides incremental inventory in key overlap markets that our sales engine can utilize

Interconnection:

strengthens

our

interconnection

presence

in

key

metros

Scale:

Equinix

can achieve significant operational and financial synergies

Strategic Rationale

Global Service Delivery Platform

in the Right Markets

Located where the Cable Systems Interconnect the World

Connecting over 350+ Network Providers Around the Globe

10

Sources: Telegeography & Equinix

Equinix will have a presence in 9 of the Top 10 markets in North

America

and 13 of the top 20 Highest Capacity Internet Hubs in the World

Comparative Stats

Equinix*

Switch and Data**

2008 Revenues

$704.7 million

$171.5 million

Markets

18 markets in 10 countries

in US, EU and AP

22 markets in North America

# Data Centers

45*

34**

Gross Square Ft

> 5.0 million

1.1 million

Cabinet Capacity

58,200*

~13,000**

Reported Utilization

81%*

~61%**

# Customers

2,522*

979**

Ticker/Market

EQIX (NASDAQ)

SDXC (NASDAQ)

Corporate

Headquarters

Foster City, CA

Tampa, FL

URL

www.equinix.com

www.switchanddata.com

Prominent Customer

Names

IBM, AT&T, Verizon,

Google, Amazon, MSN,

Sprint, Qwest

Akamai, Comcast, DirecTV,

Limelight, Neuberger Berman,

NTT, Verisign

11

* As announced by Equinix

on Q3 results conference call on October 21, 2009;   ** As announced by Switch and Data on Q2 results conference call on July 28, 2009

12

This communication may be deemed to be solicitation material in respect of the proposed transaction between

Equinix

and

Switch

and

Data.

In

connection

with

the

proposed

transaction

involving

Equinix

and

Switch

and

Data,

Equinix

plans to file with the SEC a Registration Statement on Form S-4 containing a Proxy Statement/Prospectus and each of

Equinix

and Switch and Data plan to file with the SEC other documents regarding the proposed transaction.  The definitive

Proxy

Statement/Prospectus

will

be

mailed

to

stockholders

of

Switch

and

Data.

SWITCH

AND

DATA

STOCKHOLDERS

ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC

CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT

INFORMATION ABOUT THE PROPOSED TRANSACTION.

Switch and Data stockholders will be able to obtain free copies of the Registration Statement and the Proxy

Statement/Prospectus

(when

available)

and

other

documents

filed

with

the

SEC

by

Equinix

and

Switch

and

Data

through

the website maintained by the SEC at www.sec.gov.  In addition, Switch and Data stockholders will be able to obtain free

copies of the Registration Statement and the Proxy Statement/Prospectus (when available) and other documents filed with

the SEC from Equinix

by directing a request to Equinix, Inc., 301 Velocity Way, Fifth Floor, Foster City, CA 94404, Attention:

Investor

Relations

(telephone:

888-222-1162)

or

going

to

Equinix’s

corporate

website

at

www.equinix.com,

or

from

Switch

and

Data

by

directing

a

request

to

Switch

&

Data

Facilities

Company,

Inc.,

1715

Westshore

Boulevard,

Suite

650,

Tampa,

FL 33607, Attention: Investor Relations (telephone: 866-797-2633) or going to Switch and Data’s corporate website at

www.switchanddata.com.

Equinix, Switch and Data and their respective directors and executive officers may be deemed to be

participants

in

the

solicitation

of

proxies

in

respect

of

the

proposed

transaction.

Information

regarding

Equinix’s

directors

and

executive

officers

is

contained

in

its

annual

proxy

statement

filed

with

the

SEC

on

April

23,

2009.

Information

regarding

Switch and Data’s directors and executive officers is contained in Switch and Data’s annual proxy statement filed with the

SEC on April 6, 2009.  Additional information regarding the interests of such potential participants will be included in the

Proxy Statement/Prospectus and the other relevant documents filed with the SEC (when available).

Important Information

for Investors and Stockholders