Telx, a leading provider of network rich carrier neutral co-location and interconnection services has acquired 21,000 square feet of space at 8435 Stemmons Freeway in Dallas, Texas; offering global enterprise networks the ability to expand and meet their demanding communications and technology requirements.
This acquisition brings over 800 additional cabinets for colocation and interconnection services to the greater Dallas market; only months after Telx announced the expansion of their initial Dallas facility located in the Univision Tower Building at 2323 Bryan Street, doubling the size to over 11,000 square feet. Telx will be deploying a fiber network to link the two facilities enabling customers in the new Stemmons facility the ability to reach 70+ networks already deployed within the Telx Meet Me Room Xchange Center at 2323 Bryan. Telx will now operate over 31,000 square feet of colocation space in Dallas, solidifying its position as the leading provider of network rich technology colocation facilities.
"2007 has been a year of phenomenal growth for Telx as well as a year of significant integration. We acquired ten network rich exchange facilities from Digital Realty Trust and one from NYC Connect providing us a presence at 111 8th Avenue in New York, stated Eric Shepcaro, chairman and CEO of Telx. "Now, with 14 facilities in nine markets, the time is right to continue our expansion and growth. Stemmons will also provide us the opportunity to deploy our annex strategy of new Telx ColoXchange Centers that will provide an array of Telx connectivity products and services.
According to Tier 1 Research's Carrier Neutral Colocation' report, Dallas/North Texas is the third largest marketplace of Carrier Neutral Colocation in North America. The report also indicates that colocation companies are more focused on investing in other markets, making Dallas an underserved market for new space. The colocation space Telx acquired at 8435 Stemmons Freeway is a purpose built data center facility. It offers raised floors and boasts redundant power sources, both AC and DC options, generator back-up and HVAC solutions required to support global network operators and enterprise equipment.
"Not only are we thrilled to play such a significant role in this expanding technology corridor, but to use this expansion announcement as the opportunity for the re-branding of Telx Meet Me Rooms into Telx 'Xchange Centers' which will serve as locations for our growing list of network providers, content providers and enterprises to exchange network and content and grow their businesses," stated Tesh Durvasula, CMO for Telx. "In 2008, Telx expects to add and expand network rich ColoXchange Centers in several of the nine markets it currently operates in as well as expanding into several new markets," continued Durvasula.