Exhibit 12.1

Equinix, Inc.

Computation of Consolidated Ratio of Earnings to Fixed Charges

(in thousands)

	Years ended December 31,												Three months ended March 31,
	2006			2007			2008		2009		2010		2010		2011
Earnings:
Income (loss) before income taxes and cumulative effect of a change in accounting principle	$	(6,334	)	$	(9,418	)	$	20,305	$	109,028	$	49,880	$	22,876	$	36,270
Fixed charges:
Interest expense		14,630			32,014			61,677		74,232		140,475		25,675		37,361
Interest factor on operating leases		8,516			10,867			15,110		18,408		30,930		5,295		8,875
Subtotal		23,146			42,881			76,787		92,640		171,405		30,970		46,236
Total Earnings	$	16,812		$	33,463		$	97,092	$	201,668	$	221,285	$	53,846	$	82,506
Fixed Charges:
Fixed charges:
Interest expense	$	14,630		$	32,014		$	61,677	$	74,232	$	140,475	$	25,675	$	37,361
Capitalized interest		1,575			10,380			7,946		12,853		10,349		3,748		2,624
Interest factor on operating leases		8,516			10,867			15,110		18,408		30,930		5,295		8,875
Total Fixed Charges	$	24,721		$	53,261		$	84,733	$	105,493	$	181,754	$	34,718	$	48,860
Ratio of Earnings to Fixed Charges		1.5x			1.6x			0.9x		0.5x		0.8x		0.6x		0.6x