Customers Benefit from New Private Interconnection Option for Secure, Reliable Cloud Connectivity
DENVER--(BUSINESS WIRE)--Jun. 10, 2015-- CoreSite Realty Corporation (NYSE: COR), a premier provider of secure, reliable, high-performance data center solutions across the U.S., today announced that it has joined forces with Verizon to deploy Secure Cloud Interconnect (SCI) services at five of CoreSite’s data centers, including locations in Los Angeles, New York/New Jersey, Chicago, Northern Virginia and Silicon Valley.
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Verizon’s Secure Cloud Interconnect allows enterprises to leverage its Private IP service and securely access major cloud providers while achieving high levels of network security, reliability and performance. Benefits include:
“Our customers require – and CoreSite exceeds – stringent security and reliability standards for cloud, hybrid cloud and colocation solutions,” says Tom Ray, CEO of CoreSite. “Verizon has long been a leader in providing cutting-edge, globally-available solutions for enterprises. Our combined capabilities will enable customers to take advantage of additional cloud and network-dense options for their business needs.”
Through Verizon SCI, CoreSite customers will gain seamless access to leading cloud providers such as Amazon Web Services Direct Connect, Verizon Cloud, Microsoft Azure and Google Cloud Platform. In addition, Verizon can connect CoreSite customers to their various business locations and workloads around the world.
“Enterprises are moving rapidly to cloud-based applications to access and transfer the data they require for their business needs,” said Shawn Hakl, vice president of enterprise networking and innovation for Verizon. “By adding CoreSite to our SCI footprint, we are expanding our reach, cloud options and networking access for our customers.”
In addition to these five SCI Private IP deployments, Verizon also has 10 native network deployments in CoreSite data centers throughout the U.S., including Los Angeles, New York/New Jersey, Boston, Miami, Silicon Valley, Chicago and Northern Virginia.
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.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America’s most reliable wireless network, with 108.6 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers worldwide. A Dow 30 company with more than $127 billion in 2014 revenues, Verizon employs a diverse workforce of 176,200. For more information, visit www.verizon.com/news/.
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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.