Nasdaq, Inc. has signed a deal with Equinix to expand its presence at the colo firm’s New Jersey facility.

The stock exchange company this week announced an agreement to scale the Equinix NY11 data center in Carteret, New Jersey, to support the build out of Nasdaq's cloud infrastructure. Details of the agreement weren’t shared.

"Our partnership with Equinix is a critical step in Nasdaq's cloud journey. This agreement will allow us to deliver ultra-low latency Edge compute capabilities directly from our primary data center in Carteret, New Jersey," said Tal Cohen, executive vice president, Head of North American Markets at Nasdaq. "Our goal with this hybrid infrastructure is to provide new services and products for our clients with added flexibility and low latency, including virtual connectivity services, market analytics, risk tools, and machine learning."

The US firm has been in the Equinix facility for more than a decade. Earlier this month, Nasdaq announced plans to migrate to AWS infrastructure but also bring AWS infrastructure into its on-premise network. Beginning in 2022, the company said it will migrate its North American markets to AWS in a phased approach, starting with Nasdaq MRX, a US options market. It also plans to incorporate AWS Outposts – the cloud company’s on-premise appliance offering – directly into its core network at the Carteret facility and use a new Edge computing solution co-designed by the two companies specifically developed for market infrastructure.

"The evolution of digital infrastructure in financial services has led to immense opportunities for our customers to grow, scale, and transform," said Jon Lin, Equinix President, Americas. "We are committed to Nasdaq, as it leverages our robust financial ecosystem to transform its industry over the next decade and beyond."

This week also saw Australian telco Telstra announce it was expanding its US network infrastructure and almost nearly tripling its footprint at its primary Equinix data center in Ashburn, Virginia.

Telstra operates out of Equinix’s Ashburn (DC21) facility. When completed in early 2022, Ashburn will be Telstra’s third core node on the US East Coast.

The Ashburn node will be fully interconnected with Telstra’s existing POPs in New York, New Jersey, and California. Telstra plans to add more than 70Tbps of capacity across its international network by June 2022 to support customers’ growth plans.

“When it comes to network expansion, our goal is to meet people where they are,” said Nicholas Collins, president, Telstra, Americas. “Demand for international connections beyond the tri-state New York area and along the entire Northeast Corridor is growing. This Ashburn upgrade and the network capabilities it supports will greatly benefit the region’s expanding business and technology communities, as well as satisfy growing consumer demand for network connectivity.”

Telstra and Equinix have announced a number of partnership projects in recent years. In November the two companies said Equinix would help Telstra roll out its Octagon financial services solution to more customers; last year Telstra said it would use Equinix's Cloud Exchange Fabric (ECX Fabric) to expand its TPN programmable network from eight markets to 38, including North America and Europe.

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