Equinix Inc. (EQIX) is aggressively moving ahead with its plan of developing more data centers across different geographical locations. Moving on those lines, the company recently declared its plan to build an International Business Exchange (IBX) data center in Osaka, Japan.
The first of its kind in West Japan, the data center will require an investment of $12 million in the first phase, which will be operational by the fourth quarter of 2013. It will be developed in collaboration with K-Opticom and Kanden Energy Solutions (KENES), the technology access providers in Osaka/Kansai area.
The company also expects that this data center will strengthen the global network connectivity in the Osaka region and maintain a direct connection with the network core in Dojima.
Equinix has four operational data centers in Japan in order to be able to tap into the increasing demand for data centers in Japan and the Asia Pacific region.
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Phillips 66 is a holding company. The Company is engaged in producing natural gas liquids (NGL) and petrochemicals. The Company operates in three segments: the Refining and Marketing (R&M) segment, the Midstream segment and the Chemicals segment. The Refining and Marketing (R&M) segment purchases, refines, markets and transports crude oil and petroleum products, mainly in the United States, Europe and Asia, and also engages in power generation activities. The Midstream segment gathers, processes, transports and markets natural gas, and fractionates and markets NGL, predominantly in the United States. The Chemicals segment manufactures and markets petrochemicals and plastics on a worldwide basis. The Company