SOURCE: telx

Telx

August 05, 2009 08:55 ET

Telx Expands Presence in Downtown Chicago at 350 East Cermak

Strategic Hub for Financial Services Customers Needing Low Latency Networking and Proximity Hosting

NEW YORK, NY--(Marketwire - August 5, 2009) - Key Highlights:

--  Expands Telx's premier Chicago facility by more than 15,000 square
    feet.
--  Offers customers new opportunities to colocate in the most densely
    populated colocation and interconnection facility in the region.
--  Allows more businesses to access the Telx Financial Xchange through
    the company's second facility expansion at 350 East Cermak Road.
    

Telx, one of the largest domestic colocation and interconnection data center operators, announced today that it has expanded its downtown Chicago colocation and interconnection capabilities by adding 15,000 additional gross square feet and 10,000 available sellable square feet in its facility at 350 East Cermak Street. The additional space, which was assigned to Telx by another tenant within the facility, provides additional space for financial services customers and other enterprise verticals that require ultra low latency connectivity and interconnections to the widest variety of networks, and financial and information exchanges available in the marketplace. The facility also houses Telx's Financial Xchange, offering direct connections to more than 30 of the industry's leading exchanges, trading platforms, and financial service companies. This second expansion for Telx approximately doubles its square footage and available cabinet equivalents at 350 Cermak.

"Low latency connectivity and high-volume high performance interconnection remain in strong demand, especially in major financial hubs such as Chicago," said Chris Downie, President and CFO of Telx. "We remain committed to serving customers with proximity hosting and access to the fastest connectivity providers available in the U.S. today."

Driving growth in Telx's Chicago facility has been the Telx Financial Xchange. Participating exchanges, trading partners and financial services businesses leverage the lowest latency connectivity solutions available on the market today, as well as one of the most densely populated interconnection facilities in the Chicago region.

"Proximity hosting and low latency connectivity is critical to businesses in the financial service sector, and has been a key to our continued success in the market," said Wilson Collazo, Chief Technical Officer for TJM Brokerage. "The density of connectivity within 350 Cermak is unmatched in the marketplace, and this latest expansion offers businesses in financial services and other vertical enterprises additional opportunities to connect to the widest possible variety of exchanges and trading partners in order to be successful."

"Telx and Digital Realty Trust have a long-standing valued relationship as the MMR operator in ten of our Internet Gateways," said Chris Crosby, Senior Vice President at Digital Realty Trust. "With the growing data center demand and diminished supply available in downtown Chicago, Telx is well-prepared to serve customers requiring quick deployment and dense interconnections in the premier data center facility in Chicago."

About Telx

Telx is a world-class leader in providing interconnectivity solutions through their network-neutral and network rich, colocation facilities. With 15 facilities in North America, Telx offers cost effective networking solutions for customers to seamlessly access diverse global networks and exchange information in a secure and reliable environment. More than 650 leading telecommunications carriers, ISPs, content providers and enterprises rely on Telx's world-class team to support their mission-critical global infrastructure needs and to create a global connectivity marketplace to dramatically expand their business growth opportunities. Telx is a privately held company headquartered in New York City with four facilities in New York Metro area, two facilities in Chicago, two facilities in Dallas, three facilities in California, (Los Angeles, San Francisco, Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit www.telx.com.

Contact Information

  • Contact:
    Karyn Price
    Bailiwick Company for Telx
    +1 609 397 4880 ext. 204
    Email Contact
    Twitter: @KarynSPrice