Equinix, interconnection and data center company, has said it will build a new International Business Exchange (IBX) data center in Helsinki, Finland.
The data center – called HE7 – will provide interconnection and collocation to businesses to support their IT transformation initiatives.
The first phase of the Helsinki data center will cost approximately $20 million and scheduled to open Q2 2019.
Helsinki’s strategic location is reinforced by strong infrastructure in Europe including subsea cables which are key to the flow of data into and out of northern Europe. This includes connectivity to the Cinia C-Lion1 submarine data cable between Finland and Germany. Equinix customers can benefit from a capacity of 144 terabytes per second and a latency below 20 milliseconds between Helsinki and Frankfurt.
Sami Holopainen, managing director of Equinix Finland:“Many of Equinix’s local customers in Helsinki are looking to grow their presence as they require interconnection to cloud and SaaS providers to support IT transformation goals. As these businesses consider their options they realize the value of a future-proof environment for their digital journey. Platform Equinix is more than 200 data centers – it is a platform for innovation.”