DENVER--(BUSINESS WIRE)--Dec. 4, 2014-- CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, reliable, high-performance data center solutions across the US, today announced that the AMS-IX USA Inc., a subsidiary of AMS-IX (Amsterdam Internet Exchange) in Amsterdam, has established an AMS-IX Bay Area Point-of-Presence (PoP) in CoreSite’s Silicon Valley market. This PoP enables both companies to provide additional peering opportunities to the Silicon Valley Internet and technology community.
AMS-IX Bay Area provides a physical platform, housed in two Silicon Valley data center facilities, where organizations can meet to exchange Internet traffic in a stable, fast and cost-effective manner between one another. AMS-IX Bay Area builds on the neutral and distributed formula of AMS-IX, which is the world’s largest Internet connectivity hub with almost 700 connected parties and a peak Internet traffic rate of more than 3 Tb/s.
“CoreSite’s secure, network-rich Silicon Valley data center market is the perfect location for us to further grow AMS-IX Bay Area and expand our choice of connectivity options,” said Job Witteman, CEO of AMS-IX. “With years of experience in operating high-performance data center and colocation facilities in the United States, we see CoreSite as a trusted and reliable colocation provider.”
CoreSite’s Silicon Valley market is comprised of five data centers totaling over 863,000 square feet, centrally located within one of the largest concentrations of Internet and technology companies in the world. More than 170 international and national carriers, cloud providers and enterprise businesses connect to do business in CoreSite’s Silicon Valley platform.
“Peering exchanges are an integral part of the Internet, and AMS-IX Bay Area will bring another valuable option to CoreSite customers in the Silicon Valley market,” said Brian Warren, SVP Product and Marketing for CoreSite. “AMS-IX has a proven strategy of building industry-leading Internet Exchanges in key connectivity hubs. We look forward to AMS-IX establishing a presence with CoreSite and enhancing connectivity options for our customers.”
CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center solutions across eight key North American markets. More than 800 of the world’s leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. Our scalable, flexible solutions and 350+ dedicated employees consistently deliver unmatched data center options -- all of which leads to a best-in-class customer experience and lasting relationships. For more information, visit www.CoreSite.com.
About AMS-IX Bay Area
AMS-IX Bay Area is a neutral, independent and distributed Internet exchange, offering high quality IP peering and interconnectivity services in the San Francisco Bay Area. This platform is housed in CoreSite’s SV1 facility in San Jose and Digital Realty’s 365 Main Street facility in San Francisco. AMS-IX Bay Area is being deployed by the AMS-IX USA Inc. and is built according to AMS-IX’s successful and proven European business model. AMS-IX Bay Area has been established under the Open-IX initiative, which was started by a group of North American Internet companies. The goal is to encourage the development of the neutral and distributed Internet Exchange model and reduce IP interconnection and the associated costs in the United States. The AMS-IX USA Inc. deploys two other Internet Exchanges in the US: AMS-IX New York and AMS-IX Chicago. bay.ams-ix.net
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "pro forma," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond CoreSite's control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. These risks include, without limitation: the geographic concentration of CoreSite's data centers in certain markets and any adverse developments in local economic conditions or the demand for data center space in these markets; fluctuations in interest rates and increased operating costs; difficulties in identifying properties to acquire and completing acquisitions; significant industry competition; CoreSite's failure to obtain necessary outside financing; CoreSite's failure to qualify or maintain its status as a REIT; financial market fluctuations; changes in real estate and zoning laws and increases in real property tax rates; and other factors affecting the real estate industry generally. All forward-looking statements reflect CoreSite's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, CoreSite disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause CoreSite's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in CoreSite's most recent annual report on Form 10-K, and other risks described in documents subsequently filed by CoreSite from time to time with the Securities and Exchange Commission.