Press release from Business Wire
Cotendo Quadruples Customer Base and Goes Mobile Thanks to Equinix's Dynamic Data Center Ecosystem
Thursday, September 08, 2011
REDWOOD CITY, Calif. (Business Wire) -- Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that Cotendo, a provider of cloud-based web and mobile acceleration technologies, has leveraged its global presence within Equinix's IBX data centers to quadruple its customer base and successfully deliver on the promise of its Mobile Acceleration Suite (MAS). Launched earlier this year, Cotendo's MAS dramatically boosts delivery of mobile websites and applications. Since joining the Equinix platform in 2009, Cotendo has drawn upon the standardization, consistency and inter-connections within Equinix International Business Exchange™ (IBX®) data centers to significantly grow its North American and international customer base and expand its service footprint.
Focused on delivering Value Added Services (VAS) within the CDN and web acceleration market, Cotendo offers an integrated suite of web and mobile acceleration services from thirty global distributed points of presence (POPs). The company's ability to quickly deliver high-quality web and mobile content is contingent on that content being adapted and formatted for multiple distribution channels, devices and end-user locations. Equinix's ecosystem of partners and customers provides an ideal environment to ensure that content quickly, securely and cost-effectively navigates a variety of networks, network conditions and web or native applications.
Equinix also enables Cotendo to colocate its servers in the same IBXs as the mobile carriers that carry the content, contributing to the rapid delivery of content to the end user. Additionally, the physical security features of Equinix IBXs allow Cotendo to reach a growing market of e-commerce providers who require the most stringent security and PCI compliance standards.
“In the last two years, Cotendo was able to grow from 100 customers to more than 400, and we owe a significant part of that growth to Platform Equinix. The standardization and consistency of the Equinix IBX data centers, and the connections they offer our target customers enable us to grow quickly and continue delivering high quality content with the highest performance that our customers demand,” said Michael Kuperman, vice president of operations at Cotendo. “Our job is to make mobile applications work as fast as possible and with Platform Equinix, we can rest assured knowing we can do that well, every time.”
In addition to the partners and customers within the Equinix ecosystem, Cotendo also leverages Global Roaming Exchange (GRX) Peering at Equinix (GPE), which is offered on a resilient, fully managed, Ethernet-based switching platform designed specifically for exchange of mobile Internet traffic. The switching platform has a redundant architecture designed to ensure uptime.
“As consumers and corporations alike continue to rely on mobile and web applications for business or entertainment purposes, the ability to quickly and securely deliver this content becomes increasingly crucial to our customers' success,” said Chris Sharp, general manager of content and digital media at Equinix. “We are thrilled to help a company like Cotendo, along with our other partners in the digital content space, achieve success in mobile content delivery.”
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A fast growing innovator of cloud-based acceleration technologies, Cotendo offers an integrated suite of Web and Mobile Acceleration Services from its 30 global distributed point of presence (POPs). Cotendo's single platform software was built from the ground-up and includes acceleration services for dynamic web applications, static and dynamic web content, SSL, Advanced DNS, Adaptive Image Compression, performance monitoring and automatic failover as well as real-time reports and analytics. Cotendo also offers a distributed cloud application environment called Cloudlet that allows decision-making (logic, data) at the edge, closest to the end users. Cotendo's customer base includes Fortune 500 enterprises, Tier 1 telecommunications providers and the world's largest social networks, eCommerce sites, and advertising networks. Cotendo's unique suite of software-based content acceleration offerings provide unprecedented site performance, transparency and application-level management capabilities as well as granular content delivery flexibility, and best-in-class content acceleration capabilities. The company's management team is comprised of acknowledged innovators in intelligent content management, content delivery networks, and mobile performance and has been honored with awards including the Red Herring Top 100, AlwaysOn Global 250 Private Companies, the MIT TR Top 50 Most Innovative companies, and the Businessweek Top 50 tech start-ups. Founded in 2008, Cotendo is funded by Sequoia Capital, Benchmark Capital and Tenaya Capital. The company is headquartered in Silicon Valley with R&D based in Israel. For more information about Cotendo and its Web and Mobile Acceleration Services Suite, visit http://www.cotendo.com.
Equinix, Inc. (Nasdaq: EQIX) connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. Platform Equinix connects more than 4,000 enterprises, cloud, digital content and financial companies including more than 675 network service providers to help them grow their businesses, improve application performance and protect their vital digital assets. Equinix operates in 38 strategic markets across the Americas, EMEA and Asia-Pacific and continually invests in expanding its platform to power customer growth. http://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 and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.
LEWIS PR for Equinix, Inc.
Jennifer Kutz, +1-415-992-4400