Equinix to Join the NASDAQ-100 Index
Index composed of the 100 largest non-financial stocks listed on Nasdaq
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that the company has been added to the NASDAQ-100 Index® by the Nasdaq Stock Market, effective with the market open on Monday, December 24, 2012. The NASDAQ-100 Index is composed of the 100 largest non-financial stocks listed on the Nasdaq Stock Market based on market capitalization.
"As we wrap up a tremendous year for Equinix, this is yet another positive indicator that the market understands the value that Platform Equinix delivers to our customers — scalability, global reach and thriving ecosystems that allow our customers to successfully grow their businesses in today's rapidly changing digital economy. And, our shareholders are realizing the benefits of our strategic direction while enjoying the benefits of a higher return on their investment over the broader market, a trend that we hope to continue throughout 2013," said Keith Taylor, CFO for Equinix. "We are honored to now be counted among many of the world's most successful and dynamic companies on the NASDAQ-100 Index."
Launched in January 1985, the NASDAQ-100 Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. The full NASDAQ-100 Index lists can be found at http://www.nasdaq.com.
Last month, Equinix ranked 271st on Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The ranking was the third consecutive year that Equinix has been included on the list.
Equinix, Inc. (NAS: EQIX) , connects more than 4,000 companies directly to their customers and partners inside the world's most networked data centers. Today, businesses leverage the Equinix interconnection platform in 30 strategic markets across the Americas, EMEA and Asia-Pacific. www.equinix.com.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix is a registered trademark of Equinix, Inc.
Equinix Media Contacts
Melissa Neumann, +1 650-598-6098
GolinHarris for Equinix, Inc.
Liam Rose, +1 415-318-4380
Equinix Investor Relations Contact
Katrina Rymill, +1 650-598-6583
KEYWORDS: United States North America California
The article Equinix to Join the NASDAQ-100 Index originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.