Equinix (EQIX)

Company ID: 190 | CIK: 0001101239
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

Business Unit / Product Segments

Major Customers (% of Revenue)

Operational KPIs

MRR per Cabinet (arpu)

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Annual contract value (arr)

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Annual contract value (backlog)

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Annualized Gross Bookings (bookings)

Cabinets under construction (capacity)

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Consultants (contractors)

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Cloud and IT Service Providers (customers)

Employee Well-being Score (engagement)

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Employees (headcount)

MRR per cabinet (mrr)

Cabinet utilization (occupancy)

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Adjusted EBITDA (other)

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Adjusted EBITDA loss (other)

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Aggregate customer uptime (other)

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Average uptime (other)

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Cabinets Billed (other)

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Cabinets billed (other)

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Cabinets under construction (other)

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Capital invested (other)

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Capital invested since 1998 (other)

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Channel partners (other)

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Cloud and IT service providers (other)

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Cloud service providers (other)

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Common Stock Outstanding (other)

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Common stock outstanding (other)

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Common stock shares outstanding (other)

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Countries (other)

Countries of operation (other)

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Countries reached (other)

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Countries served (other)

Countries with IBX data centers (other)

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Countries with IBX presence (other)

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Countries with global reach (other)

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Countries with operations (other)

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Cross Connects (other)

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Cross connects (other)

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Customer concentration (other)

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Customer uptime (other)

Customers right-sized (other)

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Data center markets (other)

Development Projects (other)

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Development projects underway (other)

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Domestic Markets (other)

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Domestic markets (other)

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Employee Belonging (other)

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Employee Satisfaction (other)

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Employee Volunteer Hours (other)

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Employee Well-being (other)

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Employee volunteer hours (other)

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Enterprise and infrastructure revenue share (other)

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Expansion project capital expenditures (other)

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Global markets (other)

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Global markets served (other)

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Green Bond Proceeds Allocated (other)

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Green Bonds Issued (other)

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Green bonds issued (other)

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IBX Centers with Positive EBITDA (other)

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IBX centers with positive Adjusted EBITDA (other)

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IBX centers with positive EBITDA (other)

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IBX data center markets (other)

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IBX markets (other)

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Interconnected Networks (other)

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Interconnections (other)

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Internet routes accessible (other)

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Internet routes served (other)

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Largest customer concentration (other)

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Largest customer share of recurring revenue (other)

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MRR per Cabinet (other)

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Markets (other)

Markets served (other)

Markets with IBX data centers (other)

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Multi-site contracts (other)

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Network Service Providers (other)

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Network providers (other)

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Network providers accessible (other)

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Network service providers (other)

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Networks (other)

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Networks connected (other)

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Networks in Equinix sites (other)

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Networks in IBX centers (other)

Networks in IBX hubs (other)

Networks interconnected (other)

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Non-recurring revenue share (other)

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Number Of Reportable Segments (other)

Number of Reportable Segments (other)

Operational uptime (other)

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Planned Domestic Markets (other)

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Positive Adjusted EBITDA Centers (other)

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Positive EBITDA IBX Centers (other)

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Power Usage Effectiveness (other)

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Power infrastructure uptime (other)

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Power uptime (other)

Public Float (other)

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Public float (other)

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Recurring revenue concentration (other)

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Recurring revenue mix (other)

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Recurring revenue share (other)

Recurring revenues (other)

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Revenue (other)

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Revenue outside North America (other)

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Revenues (other)

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Shares outstanding (other)

Strategic Markets (other)

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Strategic markets (other)

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Technology partners (other)

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Top 10 customer concentration (other)

Top 50 customer concentration (other)

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Top 50 customer revenue concentration (other)

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Top 50 customer share (other)

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Top 50 customers share of recurring revenue (other)

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Unique networks (other)

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Unique networks housed (other)

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Uptime (other)

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Uptime across footprint (other)

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Uptime delivered (other)

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Utilization rate (other)

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Volunteer Hours (other)

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IBX hubs (properties)

Renewable Capacity (renewable_capacity)

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US Renewable Energy Coverage (renewable_energy_pct)

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Revenue, Remaining Performance Obligation, Amount (rpo)

Common Stock Shares Outstanding (shares)

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US Green Certified Footprint (square_footage)

Cabinets Billed (units_shipped)

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Utilization rate (excl. expansion) (utilization_rate)

Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

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Demographics

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Workforce Breakdowns

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HCM Metrics — Point-in-Time

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HCM Metrics — Flow (Annual / YTD)

No flow HCM metrics found.

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-06-30restructuringcompletedUSD 6 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring and other exit charges of $6 million recorded for the three months ended June 30, 2026, primarily related to severance and other employee costs.
2026-06-30restructuringcompletedUSD 12 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring and other exit charges of $12 million recorded for the six months ended June 30, 2026, primarily related to severance and other employee costs.
2026-06-30restructuringin_progressUSD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressUSD 6 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2026 restructuring and exit charges of $6M, primarily severance and other employee costs; no employee count disclosed.
2026-03-31restructuringcompletedUSD 6 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Charges primarily related to severance and other employee costs.
2026-03-31restructuringin_progressUSD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringcompleted2024-10-302025-03-31GlobalOrganization realignmentUSD 6 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2025 charge of $6M under plan initiated Q4 2024; activities completed by March 31, 2025 with no further costs expected. Employee headcount not disclosed.
2025-12-31restructuringin_progress2024-10-302026-12-31GlobalEquinix Metal product wind-downUSD 6 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2025 charge of $6M; operations to wind down by June 2026, activities expected complete by end of Q4 2026. Employee headcount not disclosed.
2025-12-31restructuringin_progressGlobalOther restructuring and exit activitiesUSD 21 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2025 charges of $21M classified as 'Other' in the restructuring roll-forward; primarily severance and other employee costs per MD&A. $9M accrual balance remaining at year-end.
2025-12-31acquisition_additioncompleted2025-06-022025-06-02PhilippinesData centers (Asia-Pacific)USD 183 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of TIM NextGen DC Corporation (three data centers) for $183M total consideration; headcount added not disclosed.
2025-12-31restructuringcompleted2024-10-012025-03-31GlobalVariousUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2024 Restructuring Plan. Activities completed by March 31, 2025. $6 million incurred in 2025.
2025-12-31restructuringin_progress2024-10-012026-12-31GlobalEquinix MetalUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Equinix Metal Wind Down. $6 million incurred in 2025. Expected completion by end of Q4 2026.
2025-12-31restructuringcompleted2024-10-012025-03-31GlobalVariousUSD 33 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Includes Q4 2024 Restructuring Plan ($6M charge in 2025, completed Mar 2025) and Equinix Metal Wind Down ($6M charge in 2025). Total 2025 charges were $33M primarily for severance.
2025-12-31restructuringin_progressUSD 33,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringcompleted2024-10-012025-03-31GlobalOrganization-wideUSD 33 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2024 Restructuring Plan to realign the organization; $6M of charges incurred in nine months ended 2025-09-30; activities completed by 2025-03-31. Employee headcount affected not disclosed.
2025-09-30restructuringin_progress2024-10-012026-12-31GlobalEquinix Metal productUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Equinix Metal wind down; product to cease commercial availability with operations wound down by June 2026; $6M of charges incurred in nine months ended 2025-09-30. Employee headcount affected not disclosed.
2025-09-30acquisition_additioncompleted2025-06-022025-06-02PhilippinesAsia-Pacific data centersUSD 183 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
TIM NextGen DC Corporation acquisition of three data centers for $183M purchase consideration; headcount added not disclosed.
2025-09-30restructuringcompleted2024-10-012025-03-31GlobalVariousUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q4 2024 Restructuring Plan completed by March 31, 2025. $6M incurred in first nine months of 2025. No employee count disclosed.
2025-09-30restructuringin_progress2024-10-012026-12-31GlobalEquinix MetalUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Equinix Metal Wind Down. $6M incurred in first nine months of 2025. Expected completion by end of Q4 2026. No employee count disclosed.
2025-09-30restructuringin_progressUSD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringcompleted2024-10-012025-03-31Americas; EMEA; Asia-PacificCorporate functionsUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2024 Restructuring Plan to realign the organization; $6M charged in 1H2025 ($10M Americas, $1M EMEA, $1M APAC per footnote), $33M total incurred to date; activities completed with no further costs expected after 2025-03-31. No employee count disclosed.
2025-06-30restructuringin_progress2024-10-012026-06-30GlobalEquinix Metal product lineUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Equinix Metal Wind Down: product discontinued with operations to wind down by 2026-06-30; $6M charged in 1H2025, $10M incurred to date, up to ~$4M incremental costs expected, substantially all paid by end of 2026 Q4. No employee count disclosed.
2025-06-30acquisition_additioncompleted2025-06-022025-06-02PhilippinesData center operations (Asia-Pacific)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of three data centers in the Philippines for $183M purchase consideration; no headcount added disclosed.
2025-06-30restructuringin_progress2024-10-012025-03-31GlobalGeneral and AdministrativeUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q4 2024 Restructuring Plan. Activities completed with no further costs expected subsequent to March 31, 2025. $6M charged in Q2 2025 (severance and other exit costs).
2025-06-30restructuringin_progress2024-10-012026-12-31GlobalEquinix MetalUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Equinix Metal Wind Down. $6M charged in Q2 2025. Substantially all costs expected to be incurred and paid by end of Q4 2026.
2025-06-30restructuringin_progressUSD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressQ4 2024 Restructuring Plan [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressEquinix Metal Wind Down [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringcompleted2024-10-012024-12-31GlobalOrganization-wideUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q4 2024 Restructuring Plan to realign the organization; $6M charged in Q1 2025 (severance $3M, other exit costs $3M). Activities substantially completed by Dec 31, 2024; no further costs expected after Mar 31, 2025. Employee count not disclosed.
2025-03-31restructuringin_progress2024-10-012026-06-30GlobalEquinix Metal product lineUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Equinix Metal Wind Down: product discontinued, operations to wind down by June 2026. $4M charged in Q1 2025; $8M incurred to date against ~$14M total expected. Employee count not disclosed.
2025-03-31restructuringin_progress2024-10-012025-03-31GlobalVariousUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q4 2024 Restructuring Plan. Activities substantially completed by Dec 31, 2024. $6M charged in Q1 2025 ($3M severance, $3M other exit costs). No further costs expected.
2025-03-31restructuringin_progress2024-10-012026-12-31GlobalEquinix MetalUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Equinix Metal Wind Down. Operations to wind down by June 2026. $4M charged in Q1 2025 ($2M severance, $2M other exit costs). Substantially all costs expected by Q4 2026.
2025-03-31restructuringin_progressUSD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressQ4 2024 Restructuring Plan [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressEquinix Metal Wind Down [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringcompleted2024-112024-12-31GlobalCorporate organizationUSD 27 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Q4 2024 Restructuring Plan to realign the organization; activities substantially completed by December 31, 2024. Includes $19M severance and other employee costs and $3M stock-based compensation. Employees affected not disclosed.
2024-12-31restructuringin_progress2024-112026-06-30GlobalEquinix Metal productUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Equinix Metal Wind Down: product discontinued with operations wound down by June 2026; $4M restructuring charge incurred in FY2024 of an expected $10M–$14M total. A separate $160M impairment charge was recorded on related assets in FY2024. Employees affected not disclosed.
2024-12-31acquisition_additionannounced2024-07-202025-06-30PhilippinesAsia-Pacific data centersbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire three Manila data centers from Total Information Management for $180M; expected to close in H1 2025. Headcount to be added not disclosed.
2024-12-31divestiture_reductioncompleted2024-04-102024-04-10United States — Silicon ValleyAmericas IBX data centersrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
SV12 data center site sold in connection with formation of the AMER 2 xScale joint venture; $18M gain recognized. Employees affected not disclosed.
2024-12-31restructuringcompleted2024-11-012024-12-31GlobalVariousUSD 27 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Q4 2024 Restructuring Plan to realign organization. Substantially completed by Dec 31, 2024. Employee count not disclosed.
2024-12-31restructuringin_progress2024-11-012026-12-31GlobalDigital ServicesUSD 4 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Equinix Metal Wind Down. Product no longer commercially available. Employee count not disclosed.
2024-12-31restructuringcompleted2024-11-012024-12-31GlobalVariousUSD 27 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Q4 2024 Restructuring Plan to realign organization. Substantially completed by Dec 31, 2024. Charge of $27 million.
2024-12-31restructuringin_progress2024-11-012026-06-30GlobalEquinix MetalUSD 4 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Equinix Metal Wind Down. Expected to incur $10M-$14M total costs. $4M incurred in 2024. Wind down by June 2026.
2024-12-31restructuringin_progressUSD 31,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31acquisition_additioncompleted2022-04-012022-04-01Nigeria, Ghana, Côte d'Ivoire (West Africa)EMEAUSD 278 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase consideration, not a severance or restructuring charge. Four data centers plus subsea cable and terrestrial fiber network; headcount added not disclosed.
2022-12-31acquisition_additioncompleted2022-05-022022-05-02ChileAmericasUSD 638 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase consideration for four data centers acquired from Empresa Nacional De Telecomunicaciones S.A.; headcount added not disclosed.
2022-12-31acquisition_additioncompleted2022-08-012022-08-01PeruAmericasUSD 80 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase consideration for one data center acquired from Entel; headcount added not disclosed.
2022-09-30acquisition_additioncompleted2022-04-012022-04-01Nigeria (West Africa)EMEAUSD 278 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of MainOne Cable Company (four data centers plus subsea/terrestrial fiber network); purchase consideration $278.4M. No employee count disclosed.
2022-09-30acquisition_additioncompleted2022-05-022022-05-02ChileAmericasUSD 638 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of four data centers from Entel; purchase consideration $638.3M. No employee count disclosed.
2022-09-30acquisition_additioncompleted2022-08-012022-08-01PeruAmericasUSD 80 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of one data center from Entel; purchase consideration $80.3M. No employee count disclosed.
2022-06-30acquisition_additioncompleted2022-04-012022-04-01West Africa (Nigeria)EMEAUSD 278 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of MainOne Cable Company including four data centers and subsea/fiber network; total purchase consideration $278.4M. No employee headcount disclosed.
2022-06-30acquisition_additioncompleted2022-05-022022-05-02ChileAmericasUSD 638 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of four data centers from Entel; total purchase consideration $638.3M. No employee headcount disclosed.
2022-06-30acquisition_additionannounced2022-04-272022-09-30PeruAmericasUSD 71 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement signed April 27, 2022 to acquire a data center in Peru for PEN270.8M (~$70.7M); expected to close Q3 2022. No employee headcount disclosed.
2022-03-31acquisition_additioncompleted2022-04-012022-04-01West Africa (Nigeria, Ghana, Cote d'Ivoire)EMEAUSD 320 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase price, not a workforce charge. MainOne acquisition (four data centers plus subsea/terrestrial fiber network) closed 2022-04-01; purchase price allocation incomplete and no employee count disclosed.
2022-03-31acquisition_additionannounced2022-03-18ChileAmericasUSD 664 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase price, not a workforce charge. Agreement to acquire four Entel data centers, expected to close Q2 2022; no headcount disclosed.
2021-12-31acquisition_additioncompleted2021-09-012021-09-01IndiaAsia-Pacificbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two Mumbai data centers acquired for ~$170.5M; acquired headcount not quantified in the filing
2021-12-31acquisition_additionannounced2021-12-062022-06-30Nigeria, Ghana, Côte d'IvoireEMEAsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
All-cash acquisition at ~$320M enterprise value; expected to close Q2 2022 subject to regulatory approval; headcount not quantified
2021-09-30acquisition_additioncompleted2021-09-01India (Mumbai)Asia-Pacificbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two data centers acquired from GPX Global Systems' India operations for approximately $170.5 million; purchase price allocation is provisional and no employee count added is disclosed. Completion date shown is actual, not expected.
2021-09-30otherin_progress12022-03-15United StatesExecutive — Chief Product OfficerUSD 1 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Executive separation: Chief Product Officer transitions to special advisor to the CEO after 2021-09-24; employment ends the later of 2022-03-02 or RSU certification occurring by 2022-03-15. Charge shown is the $500,000 lump-sum separation payment; a 2021 bonus payable at 100% of target is also promised but not included in the charge figure. Announcement date not stated in the filing.
2021-09-30othercompleted12021-09-202022-03-02United StatesExecutive ManagementUSD 500,000 (units)other
f5-10q / Qwen3.6-27B-Q8_0
Separation of Chief Product Officer Sara Baack. Agreement dated Sept 20, 2021. Includes $500k lump sum separation payment and 2021 bonus payout upon completion of transition period ending March 2, 2022.
2020-12-31acquisition_additioncompleted2020-01-082020-01-08MexicoAmericasbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Three data centers acquired from Axtel for total purchase consideration of approximately $189.0 million; acquired headcount not disclosed.
2020-12-31acquisition_additioncompleted2020-03-022020-03-02United StatesAmericasbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Packet Host, Inc. acquired for approximately $290.3 million; $16.1 million paid to accelerate vesting of unvested Packet equity awards and $30.2 million of RSAs issued; acquired headcount not disclosed.
2020-12-31acquisition_additioncompleted2020-10-012020-11-02CanadaAmericasbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
13 data center sites acquired from BCE Inc. for C$931.7 million (approximately $702.0 million); added more than 600 customer accounts; acquired headcount not disclosed. 12 sites closed 2020-10-01 and one additional site (Ottawa) on 2020-11-02.
2020-12-31acquisition_additionannounced2020-08-072021-06-30IndiaAsia-Pacificbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to purchase GPX Global Systems' India operations (two Mumbai data centers) for approximately $161.0 million; expected to close in Q2 2021 subject to regulatory approval; headcount not disclosed.
2020-09-30acquisition_additioncompleted2020-01-082020-01-08MexicoAmericasbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of three data centers from Axtel for ~$189.0M; no employee count disclosed.
2020-09-30acquisition_additioncompleted2020-03-022020-03-02United StatesAmericasbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Packet Host for ~$290.3M cash; $16.1M paid to accelerate vesting of Packet equity awards; no employee count disclosed.
2020-09-30acquisition_additionannounced2020-08-072021-03-31IndiaAsia-Pacificbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to purchase GPX India's two Mumbai data centers for ~$161.0M; expected close Q1 2021; no employee count disclosed.
2020-09-30acquisition_additionannounced2020-10-012020-10-01CanadaAmericassubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Completed acquisition of 12 Canadian data center sites from BCE Inc. for ~C$961M (~$723.9M); one Ottawa site expected in Q4 2020 for an additional C$80.0M; no employee count disclosed.
2020-09-30acquisition_additioncompleted2020-03-022020-03-02AmericasTechnology / Bare Metal AutomationUSD 290 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Packet Host, Inc. for $290.3 million. Headcount not disclosed.
2020-09-30acquisition_additioncompleted2020-01-082020-01-08MexicoData CentersUSD 189 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of three data centers from Axtel for $189.0 million. Headcount not disclosed.
2020-09-30acquisition_additioncompleted2020-10-012020-10-01CanadaData CentersUSD 724 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of 12 data center sites from Bell for approx. $723.9 million. Headcount not disclosed.
2020-06-30acquisition_additioncompleted2020-03-022020-03-02United StatesAmericasUSD 290 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Packet Host, Inc. for approximately $290.3 million cash. Headcount added not disclosed. Also paid $16.1 million to accelerate vesting of unvested Packet equity awards and issued $30.2 million in restricted stock awards.
2020-06-30acquisition_additioncompleted2020-01-082020-01-08MexicoAmericasUSD 189 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of three data centers in Mexico from Axtel S.A.B. de C.V. for approximately $189.0 million. Headcount added not disclosed.
2020-06-30acquisition_additionannounced2020-05-292020-12-31CanadaAmericasUSD 750 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pending acquisition of 13 data center sites (25 data centers) from BCE Inc. (Bell) for approximately $750.0 million all-cash. Expected to close Q4 2020. Headcount to be added not disclosed.
2020-06-30divestiture_reductionannounced2020-04-012020-12-31JapanAsia-Pacificother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell three development sites in Japan (Osaka 2, Tokyo 12, Tokyo 14) to the Asia-Pacific Joint Venture with GIC. Assets classified as held for sale as of June 30, 2020. Expected to close Q4 2020. Headcount impact not disclosed.
2020-06-30acquisition_additioncompleted2020-03-022020-03-02AmericasTechnology / Bare Metal AutomationUSD 16 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Packet Host, Inc. completed March 2, 2020. $16.1 million paid to accelerate vesting of unvested equity awards for certain employees. Headcount not explicitly disclosed.
2020-06-30acquisition_additioncompleted2020-01-082020-01-08MexicoData Centersbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of three data centers from Axtel S.A.B. de C.V. completed January 8, 2020. Headcount not explicitly disclosed.
2020-03-31acquisition_additioncompleted2020-01-082020-01-08MexicoAmericasbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of three data centers from Axtel; headcount added not disclosed. Transaction costs of $9.6M combined for both 2020 acquisitions.
2020-03-31acquisition_additioncompleted2020-03-022020-03-02United StatesAmericasbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Packet Host acquisition; headcount added not disclosed. $16.1M stock compensation for accelerated vesting of Packet equity awards; $30.2M in new restricted stock awards issued to Packet employees.
2020-03-31acquisition_additioncompleted2020-03-022020-03-02AmericasTechnology / Bare Metal AutomationUSD 16 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Packet Host, Inc. completed March 2, 2020. $16.1 million paid to accelerate vesting of unvested equity awards for certain employees. Headcount not disclosed.
2020-03-31acquisition_additioncompleted2020-01-082020-01-08MexicoData Centersbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of three data centers from Axtel S.A.B. de C.V. completed January 8, 2020. Headcount not disclosed.
2019-12-31acquisition_additioncompleted2019-04-182019-04-18NetherlandsEMEAbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Switch Datacenters' AMS1 data center business in Amsterdam; headcount added not disclosed.
2019-12-31acquisition_additionannounced2020-01-082020-01-08MexicoAmericassubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Completed January 8, 2020, after fiscal year-end; cash purchase price approximately $175.0 million; headcount added not disclosed.
2019-12-31acquisition_additionannounced2020-01-142020-03-31United StatesAmericassubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Packet Host, Inc. announced January 14, 2020; expected to close in Q1 2020; headcount added not disclosed.
2018-12-31acquisition_additioncompleted2018-04-022018-04-02United States (Dallas, Texas)Americas — data center operationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of the Infomart Building in Dallas including operations and tenants; headcount added not disclosed. Acquisition costs of approximately $31.1 million were incurred in 2018 for both 2018 acquisitions combined.
2018-12-31acquisition_additioncompleted2018-04-182018-04-18AustraliaAsia-Pacific — data center operationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Metronode and its 10 data centers; headcount added not disclosed.
2018-09-30acquisition_additioncompleted2018-04-02United States (Dallas, Texas)Americasbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Infomart Dallas acquisition closed 2018-04-02 for total consideration of approximately $804.0 million, comprising ~$45.8 million cash and $758.2 million fair value of 5.000% senior notes. No employee headcount added is disclosed.
2018-09-30acquisition_additioncompleted2018-04-18AustraliaAsia-Pacificbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Metronode acquisition closed 2018-04-18 for A$1.033 billion (~$804.1 million), covering 10 data centers in six Australian metro areas. No employee headcount added is disclosed; purchase price allocation remains provisional.
2018-06-30acquisition_additioncompleted2018-04-18AustraliaAsia-Pacificbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cash purchase price A$1.033 billion (~$804.2M); 10 data centers in six metro areas. Headcount not disclosed.
2018-06-30acquisition_additioncompleted2018-04-02United States (Dallas, Texas)Americasbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Total consideration ~$805.6M ($47.4M cash plus $758.2M fair value of 5.000% senior notes). Headcount not disclosed.
2018-06-30acquisition_additionin_progress2018-06-29United StatesGovernment (Terremark Federal Group LLC)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Equity interests of TFG to be conveyed in lieu of novating transferred government contracts; no additional consideration. Headcount not disclosed.
2018-03-31acquisition_additioncompleted2018-04-022018-04-02United States (Dallas)Americas region — data center operations and tenantssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Infomart Dallas acquisition closed April 2, 2018 for approximately $781.0 million; no headcount added disclosed. Announcement date shown is the closing date (agreement entered February 2018, exact date not stated).
2018-03-31acquisition_additioncompleted2018-04-182018-04-18AustraliaAsia-Pacific region — 10 data centers in six metro areassubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Metronode group acquired April 18, 2018 for A$1.035 billion (~$805.6 million); no headcount added disclosed. Announcement date shown is the closing date (transaction agreement entered December 2017, exact date not stated).
2017-12-31acquisition_additioncompleted2016-12-062017-05-01United States, Brazil, ColombiaAmericasbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of 29 Verizon data center buildings closed May 1, 2017 for ~$3.6 billion; acquired headcount not disclosed
2017-12-31acquisition_additioncompleted2017-02-03United KingdomEMEAbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
IO UK Slough data center acquired February 3, 2017 for ~$36.3 million; acquired headcount not disclosed
2017-12-31acquisition_additioncompleted2017-10-06TurkeyEMEAbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Zenium Istanbul data center acquired October 6, 2017 for ~$92.0 million; acquired headcount not disclosed
2017-12-31acquisition_additioncompleted2017-10-09Spain, PortugalEMEAbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Itconic (five data centers) acquired October 9, 2017 for ~€220.5 million; acquired headcount not disclosed
2017-12-31acquisition_additionannounced2017-12-152018-06-30AustraliaAsia-Pacificsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Transaction agreement signed December 15, 2017 for A$1.035 billion (~$791.2 million); expected to close first half of 2018; acquired headcount not disclosed
2017-12-31acquisition_additionannounced2018-02-112018-06-30United StatesAmericassubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Infomart Dallas including operations and tenants; $31.0 million cash plus $750.0 million of 5.000% senior notes; expected to close mid-2018; acquired headcount not disclosed
2017-09-30acquisition_additioncompleted2017-05-01United States, Brazil, ColombiaAmericasbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of certain Verizon data center assets. Headcount added is included in Americas S&M and G&A totals but not explicitly quantified as a discrete addition.
2017-09-30acquisition_additioncompleted2017-02-03United KingdomEMEAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of IO UK data center operating business. Headcount added not explicitly quantified.
2017-09-30acquisition_additionannounced2017-10-09Spain, PortugalEMEAsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Itconic completed in October 2017.
2017-09-30acquisition_additionannounced2017-10-06TurkeyEMEAsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of data center business from Zenium (Istanbul 2).
2017-06-30acquisition_additioncompleted2017-05-012017-05-01United States, Brazil, ColombiaAmericas — colocation data center operations (29 data center buildings)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cash purchase price approximately $3.6 billion; no headcount added disclosed. Acquisition costs of $26.4 million for the quarter recorded separately.
2017-06-30acquisition_additioncompleted2017-05-01United States, Brazil, ColombiaAmericasbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of certain Verizon data center assets. Headcount not explicitly disclosed, but functional headcounts exclude this acquisition.
2017-06-30acquisition_additioncompleted2017-02-03United KingdomEMEAbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of IO UK data center operating business. Headcount not explicitly disclosed.
2017-03-31acquisition_additioncompleted2017-02-032017-02-03United KingdomEMEA — data center operations (Slough, to be renamed LD10)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cash payment of approximately $37.4 million; no employee count disclosed for the acquired operating business
2017-03-31acquisition_additioncompleted2016-12-062017-05-01United States, Brazil, ColombiaAmericas — colocation services business (29 data center buildings)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Verizon colocation acquisition for approximately $3.6 billion closed May 1, 2017, after quarter end; purchase price allocation incomplete and no headcount disclosed
2017-03-31acquisition_additioncompleted2017-02-03United KingdomEMEAUSD 37 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of IO UK data center operating business. Headcount not explicitly disclosed.
2017-03-31acquisition_additionannounced2016-12-062017-05-01United States, Brazil, ColombiaAmericasUSD 3,600 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Verizon colocation services business closed May 1, 2017. Headcount not explicitly disclosed.
2016-12-31acquisition_additioncompleted2015-05-292016-01-15EMEAData center operations (Europe)USD 42 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Telecity Group plc closed January 15, 2016; acquisition costs of approximately $42.5 million incurred in 2016. No acquired headcount disclosed.
2016-12-31divestiture_reductioncompleted2016-01-152016-07-05United Kingdom, Netherlands, GermanyData center operations (EMEA)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Eight data centers (including LD2) sold to Digital Realty on July 5, 2016 for approximately $827.3 million to obtain European Commission approval of the TelecityGroup acquisition; results reported as discontinued operations. No headcount disclosed.
2016-12-31acquisition_additioncompleted2016-08-012016-08-01FranceData center operations (EMEA)USD 12 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase of Digital Realty's St. Denis, Paris operating business for approximately €193.8 million; acquisition costs of approximately $12.0 million in 2016. No acquired headcount disclosed.
2016-12-31acquisition_additionannounced2016-12-062017-06-30United States, Brazil, ColombiaColocation services business (24 data center sites, 29 buildings)USD 3,600 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Verizon Asset Purchase announced December 6, 2016 for $3.6 billion cash; expected to close by mid-2017, not closed as of the filing date. No headcount disclosed; charge value is the purchase price, not a severance charge.
2016-03-31acquisition_additioncompleted2016-01-152016-01-15Europe (EMEA)Data center operations (Dublin, Helsinki, Istanbul, Manchester, Milan, Sofia, Stockholm, Warsaw)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Telecity Group plc completed January 15, 2016 for approximately $3.74 billion. No employee headcount added is disclosed in the filing.
2016-03-31acquisition_additioncompleted2015-11-022015-11-02Japan (Asia-Pacific)Data center operationsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Bit-isle completed November 2, 2015 for approximately $275 million. No employee headcount added is disclosed in the filing.
2016-03-31divestiture_reductionin_progress2016-01-15United Kingdom, Netherlands, GermanyData center operations (LD2 and certain TelecityGroup data centers)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreed to divest certain data centers as a condition of European Commission approval for the TelecityGroup acquisition. No definitive buyer agreement; no employee count disclosed.
2016-03-31acquisition_additioncompleted2016-01-15EMEATelecityGroupbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of TelecityGroup completed Jan 15, 2016. Headcount not explicitly quantified in filing, but integration costs and headcount growth in EMEA G&A and S&M are noted in MD&A.
2016-03-31acquisition_additioncompleted2015-11-02Asia-PacificBit-islebusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Bit-isle completed Nov 2, 2015. Headcount not explicitly quantified in filing, but integration costs and headcount growth in APAC G&A and S&M are noted in MD&A.
2015-12-31acquisition_additioncompleted2015-01-142015-01-14United StatesProfessional servicesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired all outstanding share capital of Nimbo Technologies Inc. for $10.0 million cash plus a contingent earn-out; acquired headcount not disclosed.
2015-12-31acquisition_additioncompleted2015-11-022015-11-02JapanData center servicesUSD 9 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Tender offer for approximately 97% of Bit-isle equity at ¥922 per share, total ¥33.196 billion (~$275.4 million); remaining equity acquired December 2015. Charge shown is acquisition costs incurred in 2015. Acquired headcount not disclosed; Bit-isle employees are included in the 5,042 total headcount.
2015-12-31acquisition_additioncompleted2015-05-292016-01-15EuropeData center servicessubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cash and share offer of approximately £2.4 billion (~$3.8 billion) announced May 29, 2015; transaction closed January 15, 2016, after fiscal year-end. Consideration of ~$1.683 billion cash plus 6,853,500 shares. Acquired headcount not disclosed. Expands footprint from 112 to 145 data centers.
2015-12-31acquisition_additioncompleted2015-11-02JapanAsia-PacificItem 1. Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Bit-isle Inc. closed November 2, 2015. Headcount not explicitly quantified in total employee count which excludes Bit-isle.
2015-12-31acquisition_additioncompleted2015-01-15United StatesAmericasItem 1. Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Nimbo Technologies Inc. completed January 15, 2015. Headcount not explicitly quantified.
2015-12-31acquisition_additioncompleted2015-11-022015-11-02JapanAsia-PacificItem 1. Business - Employees
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Bit-isle Inc. closed Nov 2, 2015. Headcount not explicitly disclosed in total, but excluded from reported 5,042 total.
2015-12-31acquisition_additioncompleted2015-01-142015-01-14United StatesAmericasNote 2 - Acquisitions
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Nimbo Technologies Inc. closed Jan 14, 2015. Headcount not explicitly disclosed.
2015-12-31restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30acquisition_additioncompleted2015-01-142015-01-14United Statesbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All share capital of Nimbo Technologies Inc. acquired for $10.0 million cash plus a two-year contingent earn-out; goodwill of $17.2 million recorded. No headcount impact disclosed.
2015-09-30acquisition_additionannounced2015-05-292016-06-30United Kingdombusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cash and share offer of approximately GBP 2,351.9 million ($3,594.4 million) for Telecity Group plc; completion subject to regulatory and court approvals. Filer expects to close in the first half of 2016; no headcount impact disclosed.
2015-09-30acquisition_additionin_progress2015-09-082015-12-31Japanbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All-cash tender offer at JPY 922.0 per share totaling JPY 33.3 billion (approximately $280.0 million); tender period ran 2015-09-09 to 2015-10-26 with roughly 97% of shares tendered, remaining shares to be acquired under Japanese squeeze-out procedures. No headcount impact disclosed.
2015-03-31acquisition_additioncompleted2015-01-14United StatesCloud migration services (Nimbo Technologies Inc.)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
All outstanding share capital of Nimbo acquired for $10.0M cash plus a two-year contingent earn-out; goodwill of $17.2M recorded. Filer states Nimbo results are not significant and does not disclose acquired headcount.
2014-12-31restructuringin_progressUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-31acquisition_additioncompleted2013-10-012013-10-01Frankfurt, GermanyEMEAUSD 5 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of the Frankfurt Kleyer 90 carrier hotel closed October 1, 2013; acquisition costs of approximately $4.794 million incurred for the year. Headcount added not disclosed.
2013-12-31othercompleted2013-05-012013-07-31New York metro area, United StatesAmericasUSD -5 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Reversal of a $4.8 million restructuring accrual for excess space at New York 2 after the company decided to purchase the property; no workforce reduction disclosed.
2013-12-31restructuringcompletedNew YorkUSD -5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reversal of $4.8 million restructuring charge accrual for excess space in New York 2 IBX data center due to decision to purchase property.
2013-12-31acquisition_additioncompleted2013-10-01Frankfurt, Germanybusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Frankfurt Kleyer 90 carrier hotel. Headcount not explicitly disclosed.
2013-12-31acquisition_additioncompleted2012-07-04Asia-Pacificbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Asia Tone. Headcount not explicitly disclosed.
2013-12-31acquisition_additioncompleted2012-07-03Frankfurt, Germanybusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of ancotel. Headcount not explicitly disclosed.
2013-12-31restructuringcompleted2004-12-012013-12-31New YorkReal Estate / OperationsUSD -5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reversal of $4.8 million restructuring charge accrual for excess space in New York 2 IBX data center due to decision to purchase property and utilize space. Original charge from 2004.
2013-12-31restructuringin_progressUSD -4,837,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringcompletedAmericasNew York 2 IBX Data CenterUSD -5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reversal of accrued restructuring charge for excess space in New York 2 IBX data center due to decision to purchase property. No employee count disclosed.
2013-06-30restructuringcompletedNew YorkReal Estate / OperationsUSD -5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reversal of accrued restructuring charge for excess space in New York 2 IBX data center due to decision to purchase property.
2012-12-31acquisition_additioncompleted2012-07-032012-07-03Asia-Pacific (Hong Kong, Shanghai, Singapore)Data center operationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired certain assets and operations of Asia Tone Limited for gross cash consideration of approximately $230.5 million; acquired headcount not disclosed
2012-12-31acquisition_additioncompleted2012-07-022012-07-02EMEA (Frankfurt, Germany; edge nodes in Hong Kong and London)Data center operationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of ancotel GmbH share capital for approximately $85.7 million; acquired headcount not disclosed
2012-12-31acquisition_additioncompleted2012-11-082012-11-08EMEA (Dubai, U.A.E.)Data center operationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Asset purchase from E-Hosting DataFort for approximately $22.9 million plus related alliance and lease agreements; acquired headcount not disclosed
2012-12-31divestiture_reductioncompleted2012-11-01United States (16 IBX data centers across multiple U.S. markets)Data center operationsdiscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement entered in August 2012 (exact date not disclosed); closed November 1, 2012 for net proceeds of approximately $76.5 million; associated headcount transferred with the divested centers not disclosed
2012-12-31acquisition_additioncompleted2012-07-04Asia-Pacificbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired Asia Tone Limited in July 2012. Headcount not explicitly disclosed in filing.
2012-12-31acquisition_additioncompleted2012-07-03EMEAbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired ancotel GmbH in July 2012. Headcount not explicitly disclosed in filing.
2012-12-31divestiture_reductioncompleted2012-11-01Americasdiscontinued_operations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sold 16 IBX data centers in November 2012. Headcount not explicitly disclosed in filing.
2012-12-31restructuringcompleted2012-12-31New York metro areaUSD 0 (thousands)MD&A
f5-10k / Qwen3.6-27B-Q8_0
No restructuring charges recorded in 2012. Excess leased space in New York remains abandoned and continues to carry a restructuring charge from prior periods.
2012-12-31divestiture_reductioncompleted2012-11-01United Statesdiscontinued_operations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Sold 16 IBX data centers in November 2012. Employee count not explicitly disclosed in the filing.
2012-09-30acquisition_additioncompleted2012-07-032012-07-03Asia-Pacific (Hong Kong, Shanghai, Singapore)Asia-Pacific reportable segmentbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired six data centers and one disaster recovery center; acquired employee headcount not disclosed. Acquisition costs of $4,562 thousand for the nine months ended September 30, 2012.
2012-09-30acquisition_additioncompleted2012-07-022012-07-02EMEA (Frankfurt, Germany; edge nodes in Hong Kong and London)EMEA reportable segmentbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of ancotel share capital; acquired employee headcount not disclosed. Acquisition costs of $1,365 thousand for the nine months ended September 30, 2012.
2012-09-30divestiture_reductioncompleted2012-082012-11United States (16 IBX data centers across nine exited and seven retained markets)Americas region — discontinued operationssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell 16 IBX data centers for net proceeds of $76,458 thousand; closed November 2012 with an approximately $26 million pre-tax book gain. Employees removed through the divestiture not disclosed.
2012-06-30acquisition_additioncompleted2012-07Hong Kong, Shanghai, SingaporeAsia-PacificUSD 231 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Asia Tone Limited acquired for cash consideration of approximately $230.5 million; includes one data center under construction in Shanghai. Headcount added not disclosed; charge shown is purchase consideration, not a workforce charge.
2012-06-30acquisition_additioncompleted2012-07Germany (Frankfurt), with edge nodes in Hong Kong, London and MiamiEMEAUSD 86 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
ancotel GmbH acquired for cash consideration of approximately $85.7 million. Headcount added not disclosed; charge shown is purchase consideration, not a workforce charge.
2012-06-30restructuringin_progress2015-12-31AmericasGeneralUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2004 Restructuring Charge. $103k recorded in Q2 2011 for one-time termination benefits. Accrued liability of $6.676M as of June 30, 2012 related to excess space lease in New York metro area through 2015. No employees affected count disclosed for current period.
2012-03-31restructuringcompletedAmericasSwitch and DataUSD 0 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Switch and Data restructuring charge accrued balance was $140k at Dec 31, 2011 and reduced to $0 by March 31, 2012 via cash payments. No new charges recorded in Q1 2012.
2012-03-31restructuringin_progress2015-12-31AmericasGeneralUSD 7,208 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2004 Restructuring Charge related to excess space lease in New York metro area. Accrued liability decreased from $7,680k to $7,208k due to cash payments and accretion. Contractually committed through 2015.
2011-12-31acquisition_additioncompleted2011-04-252011-04-25BrazilAmericasbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Zion RJ acquired ~90% of ALOG Data Centers do Brasil, giving Equinix an indirect ~53% controlling interest; headcount added not disclosed. ALOG contributed $46.9M revenue and $178.5M total assets post-acquisition.
2011-12-31restructuringin_progressUnited States — New York metro areaotherUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2011 charge of $3.5M driven by revised sublease assumptions on abandoned excess leased space in New York; lease-exit restructuring with no employee separations disclosed. Excess space lease runs through 2015.
2011-12-31restructuringcompletedNew York metro areaUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Charges primarily related to revised sublease assumptions on excess leased space. No specific employee count disclosed.
2011-12-31restructuringcompletedUnited StatesSwitch & Data Facilities CompanyUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
One-time termination benefits attributed to certain Switch and Data employees. Charge recorded in 2011.
2011-12-31restructuringcompleted2011-12-312011-12-31AmericasGeneralUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges primarily related to revised sublease assumptions on excess leased space in the New York metro area. Employee count not disclosed.
2011-12-31acquisition_additioncompleted2011-04-252011-04-25BrazilAmericasbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of approximately 90% of ALOG Data Centers do Brasil S.A. Employee count added not explicitly disclosed in footnote.
2011-12-31restructuringin_progressUSD 3,481,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-12-31restructuringin_progressTwo Thousand Four Restructuring Charge [Member]USD 3,090,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressAmericasSwitch and Data acquisition-related severanceUSD 392 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance-related expenses recorded in the nine months ended 2011-09-30 for certain Switch and Data employees; no employee count disclosed. Accrued restructuring charge fell from $1,035K to $361K after $1,066K of cash payments.
2011-09-30acquisition_additioncompleted2011-04-252011-04-25BrazilAmericasbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Equinix acquired an approximate 53% indirect controlling interest in ALOG on 2011-04-25; ALOG operates three data centers in Brazil. No headcount added disclosed.
2011-09-30restructuringin_progressNew York metro areaGeneralUSD 2 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Charges related to revised sublease assumptions on excess leased space. Employee count not disclosed.
2011-09-30restructuringcompletedAmericasSwitch and DataUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance-related expenses for certain Switch and Data employees. Employee count not disclosed.
2011-09-30restructuringin_progressUSD 2,186,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressUnited StatesSwitch and Data acquisition — severance-relatedUSD 599 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance-related expenses for six months ended June 30, 2011 attributed to certain Switch and Data employees; no employee count disclosed. Accrued restructuring charge declined from $1,035K to $445K during the period.
2011-06-30acquisition_additioncompleted2011-04-252011-04-25BrazilAmericas — ALOG Data Centers do Brasil S.A.business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Equinix acquired ~53% indirect controlling interest in ALOG on April 25, 2011; ALOG operates three data centers in Brazil. No headcount added is disclosed.
2011-06-30restructuringin_progressAmericasSwitch and DataUSD 599 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Switch and Data restructuring charge for one-time termination benefits, primarily severance. Employee count not disclosed.
2011-06-30restructuringin_progressUSD 599,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progress2011-06-30AmericasSwitch and Data acquisition employeesUSD 496 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance-related expenses of $496 thousand recorded in Q1 2011; accrued balance fell from $1,035K to $738K after $793K of cash payments. Number of employees affected not disclosed; further one-time termination benefits expected in Q2 2011.
2011-03-31acquisition_additionannounced2011-04-252011-04-25BrazilALOG Data Centers do Brasil S.A.subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Zion acquired approximately 90% of ALOG on 2011-04-25, giving Equinix an approximate 52% indirect interest; ALOG operates two data centers with a third under construction. Headcount added not disclosed.
2011-03-31restructuringin_progress2011-06-30AmericasSwitch and Data employeesUSD 496 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to one-time termination benefits, primarily severance. Expected payout during Q2 2011. Additional charges anticipated in Q2 2011.
2011-03-31restructuringin_progressUSD 496,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-12-31acquisition_additioncompleted2009-10-222010-04-30United States, CanadaAll functionsUSD 12 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Switch & Data Facilities Company completed April 30, 2010; 34 data centers added. Headcount added not disclosed. Acquisition costs of $12.3M recorded in 2010.
2010-12-31restructuringin_progress2010-04-302011-04-30United StatesSwitch and Data operationsUSD 5 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance-related expenses for certain Switch and Data employees recorded in 2010; employee count not disclosed. Additional restructuring charges anticipated during 2011.
2010-12-31restructuringin_progress2004-12-012015-12-31United StatesExcess leased space — New York metro areaUSD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Additional charge in 2010 from revised sublease assumptions on abandoned excess space in New York metro; lease committed through 2015. Not a headcount reduction action.
2010-12-31restructuringcompleted2010-04-30North AmericaSwitch and Data employeesUSD 5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
One-time termination benefits attributed to certain Switch and Data employees. Employee count not disclosed.
2010-12-31restructuringcompletedNew York metro areaLease exitUSD 1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Revised sublease assumptions on excess leased space. Employee count not disclosed.
2010-12-31restructuringcompleted2010-04-302010-12-31North AmericaSwitch and Data AcquisitionUSD 5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
One-time termination benefits attributed to certain Switch and Data employees. Employee count not disclosed.
2010-12-31restructuringcompleted2010-12-312010-12-31New York metro areaReal Estate / LeasesUSD 1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Revised sublease assumptions on excess leased space. Employee count not disclosed.
2010-12-31restructuringin_progressUSD 6,734,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-09-30acquisition_additioncompleted2010-04-302010-04-30United States and CanadaNorth Americabusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired 100% of Switch & Data Facilities Company, which operated 34 data centers; total consideration $699.9 million. Number of employees added through the acquisition is not disclosed.
2010-09-30restructuringin_progress2011-04-30United StatesNorth America — Switch and Data employeesUSD 4,905 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance-related one-time termination benefits for certain Switch and Data employees recorded in the nine months ended 2010-09-30; $1,696 thousand remained accrued at quarter-end after $1,721 thousand cash and $1,488 thousand non-cash payments. Affected employee count not disclosed. Company expects further charges during the remainder of 2010 and the first four months of 2011.
2010-09-30restructuringin_progressNorth AmericaSwitch and Data employeesUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
One-time termination benefits, primarily severance, attributed to certain Switch and Data employees. Employee count not disclosed.
2010-09-30restructuringin_progressNew York metro areaLease exitUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Revised sublease assumptions on excess space lease. Employee count not disclosed.
2010-06-30acquisition_additioncompleted2010-04-302010-04-30United States, CanadaNorth America segmentbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Switch & Data Facilities Company completed April 30, 2010; 34 data centers acquired. Number of employees added not disclosed.
2010-06-30restructuringin_progress2011-04-30United StatesNorth America segment — Switch and Data employeesUSD 4,372 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance-related one-time termination benefits for certain Switch and Data employees recorded in Q2 2010; number of employees affected not disclosed. Additional restructuring charges expected through remainder of 2010 and first four months of 2011.
2010-06-30restructuringin_progress2010-04-302011-04-30North AmericaSwitch and Data employeesUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charge related to one-time termination benefits, primarily severance, for certain Switch and Data employees. Company anticipates additional charges in remainder of 2010 and first four months of 2011.
2010-06-30restructuringin_progressUSD 4,357,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2009-12-31acquisition_additionannounced2009-10-222010-06-30United States and CanadaData center operationssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pending acquisition of Switch & Data Facilities Company (34 data centers), valued at approximately $689.0 million; 80% stock / 20% cash consideration. Expected to close in Q2 2010 subject to Hart-Scott-Rodino clearance; no headcount figure disclosed.
2009-12-31acquisition_additioncompleted2009-07-222009-07-22GermanyData center operationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cash purchase of Upminster GmbH (Frankfurt data center and real estate) for $28.2 million; results not considered significant, so no purchase price allocation or headcount disclosed.
2009-12-31restructuringcompletedUnited StatesExcess lease space — Los Angeles and New York metro areasUSD -6 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2009 activity was a $6.1 million net reversal of the 2004 excess-space restructuring accrual, mainly a $5.8 million reversal for Los Angeles space repurposed for expansion; no employee separations. New York excess space remains abandoned through 2015.
2009-12-31restructuringcompleted2004-122015Los AngelesReal Estate / LeasesUSD -6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reduction of $6.1 million restructuring charges, primarily due to reversal of $5.8 million accrual for excess space in Los Angeles metro area as company decided to utilize space to expand original IBX data center. Original charge recorded in 2004.
2009-12-31acquisition_additioncompleted2009-07-222009-07-22GermanyEuropebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Upminster GmbH on July 22, 2009. Specific headcount added not disclosed.
2009-12-31restructuringcompleted2004-12-312015-12-31Los AngelesUSD -6 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Recorded reductions of restructuring charges totaling $6.1 million, primarily due to a reversal of a restructuring charge accrual of $5.8 million for excess space in the Los Angeles metro area as a result of decision to utilize this space to expand original Los Angeles IBX data center.
2009-12-31acquisition_additioncompleted2009-07-222009-07-22EuropeMD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Upminster GmbH on July 22, 2009. Headcount not explicitly disclosed in filing.
2009-09-30restructuringcompleted2009-02United States — Los Angeles metro areaReal estate / excess leased spaceUSD 5,833 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reversal (credit) of accrued restructuring for abandoned Los Angeles space after the company decided to use it for an IBX expansion. No employee impact or headcount figure disclosed.
2009-09-30restructuringin_progress2009-06-302015-12-31United States — New York metro areaReal estate / excess leased spaceUSD 220 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reduction to the accrual from revised sublease assumptions; excess space remains abandoned with the lease running through 2015. No employee impact disclosed. Amount recorded in the quarter ended 2009-06-30, presented in the nine-month roll-forward.
2009-09-30acquisition_additioncompleted2009-07-222009-07-22Germany (Frankfurt)Europe segment — data center and real estatebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Upminster GmbH for $28.2 million cash; acquired headcount not disclosed and results deemed not significant, so no purchase price allocation or pro forma data given.
2009-09-30acquisition_additionannounced2009-102010-03-31United States and CanadaData center operations (34 data centers)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Switch & Data Facilities Company valued at approximately $689 million (80% stock / 20% cash); expected to close in Q1 2010 subject to stockholder approval. Acquired headcount not disclosed.
2009-09-30restructuringcompletedLos AngelesGeneralUSD -6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reversal of accrued restructuring charges associated with a Los Angeles lease due to decision to utilize previously abandoned space for expansion.
2009-09-30restructuringcompletedNew YorkGeneralUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction to restructuring charge in connection with excess space in New York metro area due to revised sublease assumptions.
2009-06-30restructuringcompletedLos AngelesUSD -6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reversal of accrued restructuring charges associated with Los Angeles lease as space was utilized for expansion.
2009-06-30restructuringin_progressNew YorkUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction to restructuring charge due to revised sublease assumptions for excess space.
2009-03-31restructuringcompleted2009-02United States — Los Angeles metro areaIBX operations (excess lease space)USD 5,833 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reversal (credit) of accrued restructuring charges for previously abandoned Los Angeles space after the company decided to use it for an IBX expansion; no employee separations or headcount impact disclosed. New York excess space remains abandoned with an accrued restructuring charge through 2015.
2009-03-31restructuringcompleted2009-02-01Los AngelesUSD -5,833 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reversal of $5.8 million accrued restructuring charges for excess space in Los Angeles lease due to decision to utilize space for expansion.
2008-12-31acquisition_additioncompleted2008-02-052008-02-05NetherlandsEuropeUSD 23 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cash purchase price of $23,345,000 including closing costs; acquired headcount not disclosed. Item 1 notes customer count increased to 2,757 including recently acquired Netherlands customers
2008-12-31restructuringin_progress2004-12-312015-12-31United States (Los Angeles and New York metro areas)Real estate / excess space leasesUSD 3 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2008 activity is a $3.1 million charge adjustment from revised sublease assumptions on two excess space leases; program originated in Q4 2004 with an original $17.7 million charge. No employee separations disclosed; lease exit only. Company committed through 2015
2008-12-31restructuringcompleted2004-12-312015-12-31Los Angeles and New York metro areasReal Estate / LeasesUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Adjustment of $3.1 million recorded in 2008 from revised sublease assumptions on excess space leases originally charged in Q4 2004. Contractually committed through 2015.
2008-12-31restructuringcompleted2004-12-312015-12-31United StatesReal Estate / FacilitiesUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Adjustment of $3.1 million recorded in 2008 related to revised sublease assumptions for excess space leases in Los Angeles and New York metro areas originally recorded in 2004. Leases committed through 2015.
2008-09-30restructuringin_progress2004-12-312015-12-31United StatesGeneral and AdministrativeUSD 799 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustment to accrued restructuring charges for excess space leases in Los Angeles and New York metro areas due to revised sublease assumptions. Original charge recorded in Q4 2004. Contractually committed through 2015.
2008-09-30othercompleted22008-06-302008-06-30EuropeSenior ManagementUSD 3,098 (thousands)other
f5-10q / Qwen3.6-27B-Q8_0
Resignation of two senior officers in Europe. Company recorded incremental stock-based compensation charge of $3.1M related to modified outstanding stock awards.
2008-06-30othercompleted22008-04-22EuropeSenior managementUSD 3 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Compromise agreements entered into during Q2 2008 with the Company's two senior officers in Europe in connection with their resignations; modification of their outstanding stock awards produced a one-time incremental stock-based compensation charge of $3,098,000. Announcement date taken from the Compromise Agreement exhibit dated 22 April 2008 (Guy Willner).
2008-06-30othercompleted22008-06-302008-06-30EuropeSenior OfficersUSD 3,098,000 (actual)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Resignation of two senior officers in Europe; modification of outstanding stock awards resulted in incremental charge.
2008-06-30acquisition_additioncompleted2008-02-052008-02-05NetherlandsEuropebusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Virtu Secure Webservices B.V.; majority of management team joined Equinix European operations.
2008-03-31acquisition_additioncompleted2008-02-052008-02-05NetherlandsData center operations (Europe)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Virtu Secure Webservices B.V. closed February 5, 2008; Virtu management team joined European operations. No employee headcount added disclosed.
2008-03-31restructuringin_progress2004-12-012015-12-31United States (New York and Los Angeles metro areas)Operations — excess leased spaceUSD 18 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Legacy 2004 program to exit excess lease space; charge is present value of lease-exit cash flows plus asset write-off. No employee separations or headcount impacts disclosed; accrual roll-forward shows accretion and cash payments only.
2008-03-31acquisition_additioncompleted2008-02-05NetherlandsEuropeUSD 23 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired Virtu Secure Webservices B.V. for $23.3 million. Current Virtu management team joined Equinix European management team. Employee count not disclosed.
2008-03-31restructuringin_progress2004-12-012015-12-31United StatesReal Estate / OperationsUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Ongoing lease exit for excess space in New York and Los Angeles. Original charge of $17.7M recorded in 2004. Accrued liability balance was $11.6M as of March 31, 2008. No new employee reductions disclosed in this quarter.
2007-12-31acquisition_additioncompleted2007-09-142007-09-14Europe (United Kingdom, France, Germany, Switzerland)Data center operations (network-neutral IBX)USD 549 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Purchase price of $549.2 million; acquired headcount not disclosed. Europe segment reported 178 employees at year-end.
2007-12-31divestiture_reductioncompleted2007-12-312007-12-31SingaporeEquinix mail service (EMS) offeringother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of non-core Singapore mail service offering for $1.7 million gross proceeds; associated headcount not disclosed.
2007-12-31acquisition_additioncompleted2008-022008-02NetherlandsData center operations (network-neutral)USD 23 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Completed after fiscal year-end (February 2008) for EUR 15.0 million cash plus contingent consideration; acquired headcount not disclosed.
2007-12-31restructuringcompleted2004-12-312015-12-31United StatesReal Estate / LeasesUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Additional charge of $407,000 recorded in 2007 due to revised sublease assumptions for excess space leases in Los Angeles metro area. Original program announced in 2004.
2007-12-31acquisition_additioncompleted2007-09-142007-09-14EuropeAll Functionsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of IXEurope plc on September 14, 2007. Specific headcount added not disclosed in the filing, but Europe employee count increased to 178 by year-end.
2007-09-30acquisition_additioncompleted2007-09-142007-09-14United Kingdom, France, Germany, SwitzerlandData center operations (IBX centers)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of IXEurope plc completed 2007-09-14 for $549.2M. Employee headcount added not disclosed in filing. Operations consolidated from 2007-09-14 to 2007-09-30 (17 days).
2007-09-30restructuringin_progress2004-12-012015-12-31United StatesReal Estate / Lease ExitsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Additional charge of $407,000 recorded in Q2 2007 due to revised sublease assumptions for excess space leases in New York and Los Angeles metro areas. Leases run through 2015.
2007-06-30restructuringin_progress2004-12-312015-12-31Los Angeles Metro AreaReal Estate / Lease ExitUSD 407 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Additional charge recorded in Q2 2007 due to revised sublease assumptions for excess space lease. Original program announced in Dec 2004.
2006-12-31divestiture_reductioncompleted2006-11-302006-12-31Honolulu, Hawaii, United StatesIBX data center operationsMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of the smallest IBX center in the smallest market to a company led by former Equinix personnel; no employee count disclosed. Center contributed $2.3 million of revenue and $1.3 million of cost of revenues during 2006.
2006-12-31voluntary_separationcompleted12005-11-302006-03-31United StatesExecutive officerUSD 1 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Transition and separation agreement with one executive officer, separation date March 2006; $668 thousand severance accrued in 2005 plus $1.389 million stock compensation on option modification; an additional $207 thousand severance charge was recorded in 2006 and $805 thousand remained unpaid at year-end.
2006-12-31layoffcompleted12005-12-312006-03-31United StatesExecutive officerUSD 0 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
One executive officer under a severance agreement (one year's salary, bonus and healthcare on involuntary termination other than for cause) whose employment ended in early 2006; $318 thousand accrued in Q4 2005 and paid in full during 2006.
2006-09-30restructuringin_progress2004-12-312015-12-31New York and Los Angeles metro areasReal Estate / Lease ExitsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Additional charge recorded in Q3 2006 due to revised sublease assumptions for excess space leases originally recorded in 2004. No employee count disclosed.
2006-06-30restructuringin_progress2004-122015United States — New York metro area and Los Angeles metro areaReal estate / excess leased spaceUSD 18 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Exit of excess space adjacent to a New York IBX and the floor above the original Los Angeles IBX; charge is present value of lease-exit cash flows plus asset write-off. No employee reductions disclosed; both lease terms run through 2015. Accrued balance of $13.3M remained at June 30, 2006.
2006-06-30restructuringin_progress2005-102007-12-31United States — San Jose, California (Silicon Valley)Real estate / ground lease terminationUSD 34 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Early termination of the approximately 40-acre San Jose Ground Lease held for future expansion; $40M payable over four years beginning January 1, 2006 plus property taxes. No employee reductions disclosed. Accrued balance of $32.0M remained at June 30, 2006.
2006-03-31restructuringin_progress2004-12-012015-12-31New York Metro Area; Los AngelesReal Estate / Lease ExitsUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2004 Restructuring: Exit of excess space leases. Accretion expense of $207k and cash payments of $453k recorded in Q1 2006. Liability balance $13.5M.
2006-03-31restructuringin_progress2005-10-012007-12-31San JoseReal Estate / Lease ExitsUSD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
2005 Restructuring: Termination of San Jose Ground Lease. Accretion expense of $637k and cash payments of $2.5M recorded in Q1 2006. Liability balance $34.3M.
2005-12-31restructuringcompleted2005-10-312007-12-31San Jose, CaliforniaUSD 34 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Early termination of the approximately 40-acre San Jose ground lease; charge comprises $32.3M present value of exit payments plus $1.5M property and equipment write-off. No employee headcount impact disclosed; $40.0M of exit payments run through 2009.
2005-12-31voluntary_separationin_progress22005-11-302006-03-31United StatesExecutive managementUSD 1 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance of $986,000 accrued for two executive officers leaving or terminating employment in Q1 2006; includes a November 2005 transition and separation agreement with $668,000 accrued severance and $1,389,000 of stock-based compensation from option modifications.
2005-12-31restructuringcompleted2005-10-012009-12-31San Jose, CaliforniaReal Estate / Ground LeaseUSD 34 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Decision to exit approximate 40-acre San Jose ground lease. Charge includes present value of estimated future cash payments to exit property and write-off of remaining property and equipment. No specific employee count disclosed for this action.
2005-12-31restructuringcompleted2004-12-012015-12-31New York and Los AngelesReal Estate / Excess SpaceUSD 18 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Decision to exit leases for excess space adjacent to New York metro area IBX and space above original Los Angeles IBX. Charge includes present value of estimated future cash payments and write-off of property and equipment. No specific employee count disclosed for this action.
2005-09-30restructuringin_progress2004-12-312015-12-31United StatesReal Estate / Lease ExitsUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
December 2004 decision to exit leases for excess space in New York and Los Angeles. Charge includes lease exit costs and write-off of property/equipment. No employee count disclosed.
2005-09-30restructuringannounced2005-10-312005-12-31United StatesReal Estate / Lease TerminationUSD 40 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
October 2005 announcement of early termination of San Jose Ground Lease. Payment of $40M over four years. Significant restructuring charge expected in Q4 2005. No employee count disclosed.
2005-06-30restructuringin_progress2004-122015-12-31New York metro area and Los Angeles, CaliforniaUSD 18 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
December 2004 decision to exit excess lease space adjacent to a New York metro IBX and above the original Los Angeles IBX; charge comprises $13.9M present value of lease-exit payments plus $3.8M property and equipment write-off. No employee headcount impact is disclosed. Accrued liability was $14.2M at 2005-06-30 after $445K accretion and $968K cash payments; New York space sublet in January 2005, Los Angeles space still under evaluation. Company expects ~$1.8M annual savings beginning 2005.
2005-06-30restructuringin_progress2004-12-312015-12-31New York metro area and Los AngelesReal Estate / Lease ExitsUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Decision to exit leases for excess space in NY and LA. Charge includes PV of future lease payments and write-off of property/equipment. No employee count disclosed.
2005-03-31restructuringin_progress2004-12-012015-12-31New York metro area and Los AngelesOperations / Real EstateUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Decision made in Dec 2004 to exit leases for excess space in NY and LA. Charge includes PV of future lease payments and write-off of property/equipment. No specific employee count disclosed; action primarily relates to lease exits.
2004-12-31restructuringcompleted2004-12-31United States — New York metro area and Los AngelesExcess data center lease space (New York adjacent space; floor above original Los Angeles IBX)USD 18 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Charge comprises $13.869M present value of estimated lease exit costs through 2015 and $3.816M write-off of property and equipment; no employee headcount impact disclosed — driven by exiting excess lease space rather than workforce reduction. Accrued restructuring liability of $14.750M at year-end; two-year sublease entered for New York space in January 2005
2004-12-31othercompleted2004-12-31EuropeLegacy subsidiariesUSD 0 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net charge of $190,000 recorded in 2004 ($512,000 charge in Q3 offset by $322,000 reduction in Q4 following a favorable settlement); no employee count disclosed
2004-12-31acquisition_additioncompleted2004-12-06United States — Silicon Valley, CaliforniaData center operations (San Jose IBX acquisition from Abovenet)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Lease assignment and asset purchase from Abovenet signed December 2004; possession in Q1 2005. No headcount added or transferred disclosed for this transaction
2004-12-31restructuringcompleted2004-12United StatesReal Estate / LeasesUSD 18 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Decision to exit leases for excess space in New York metro area and Los Angeles IBX. Charge includes present value of future cash payments and write-off of property and equipment. Employee count not disclosed.
2004-12-31restructuringcompleted2004-12-31New York metro area; Los AngelesOperationsUSD 18 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Decision to exit leases for excess space adjacent to New York metro area IBX and space above original Los Angeles IBX. Charge represents present value of estimated future cash payments net of subrental income, plus write-off of property and equipment. Employee count affected not disclosed.
2004-09-30restructuringcompletedEuropeGeneral and AdministrativeUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Charge related to decision to liquidate a number of legacy subsidiaries in Europe.
2004-09-30restructuringcompletedAsia-PacificSales and MarketingMD&A
f5-10q / Qwen3.6-27B-Q8_0
Headcount reductions in the Singapore region over the course of the last year.
2004-06-30acquisition_additioncompleted2003-12-01United States — Santa Clara, CaliforniaIBX operationsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company hired a number of Sprint employees working at the acquired Santa Clara IBX hub; no headcount figure disclosed.
2003-12-31acquisition_additioncompleted2003-10-242003-12-01United States — Santa Clara, CaliforniaIBX hub operationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sublease of Sprint's 160,000 sq ft data center closed 2003-12-01; Equinix hired a number of Sprint employees working at the site. Headcount added not quantified.
2003-12-31divestiture_reductioncompleted2003-10-012003-09-30SingaporeIBX hub operations (Pihana Singapore IBX hub)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Exited the acquired Pihana Singapore IBX hub lease effective 2003-09-30 and sold related assets to an STT Communications affiliate for one Singapore dollar; Equinix retained a smaller colocation footprint in the same building. Headcount removed not quantified; nominal loss on asset sale of $18,000.
2003-12-31othercompleted2003-07-012003-12-31Thailandi-STT Nation Limited joint venture (60%-owned, unconsolidated)USD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Wind-down of the Thailand joint venture completed during second half of 2003; $518,000 accrual recorded as a goodwill purchase-price adjustment and fully paid in 2003. Headcount affected not disclosed.
2003-12-31restructuringcompleted2002-12-312003-12-31United States and Asia-PacificCorporate and IBX hub operations (acquired i-STT and Pihana workforce actions)USD 5 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cash payments of $5,494,000 against workforce-reduction accruals acquired in the 2002 Combination were made during 2003; $218,000 remained accrued at year-end. Program announced 2002; only 2003 cash activity captured here. Headcount affected not disclosed.
2003-12-31restructuringcompleted2002-06-30United StatesHeadquartersUSD 29 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
2002 restructuring charges of $28.9 million included workforce reduction of less than 10% in headquarters positions. Reduction substantially completed in January 2003. No specific employee count disclosed for 2002 action.
2003-12-31acquisition_additioncompleted2002-10-012002-12-31Asia-PacificAllbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of i-STT and Pihana closed December 31, 2002. Added Asia-Pacific operations. Specific headcount added not explicitly disclosed in combination footnote, but total employee count increased from prior year.
2003-12-31acquisition_additioncompleted2003-10-272003-12-01United StatesSilicon ValleyItem_1_Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired Sprint's Santa Clara IBX hub in December 2003. Hired a number of Sprint employees working within this IBX hub. Specific count not disclosed.
2003-12-31restructuringcompleted2002-05-012003-12-31United StatesHeadquartersUSD 29 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
2002 restructuring program including workforce reduction of less than 10% in headquarters positions. Reduction substantially completed in January 2003. Total charge $28.9 million.
2003-12-31acquisition_additioncompleted2002-10-022002-12-31Asia-PacificAll Functionsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of i-STT and Pihana closed Dec 31, 2002. Added Asia-Pacific operations. Headcount added not explicitly quantified in footnote, but reflected in total employee count growth.
2003-09-30acquisition_additioncompleted2002-102002-12-31United States; Asia-Pacific (Singapore, Thailand, Hawaii, Los Angeles, Hong Kong, Tokyo, Sydney)Consolidated (IBX hub operations)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Combination with i-STT Pte Ltd and Pihana Pacific closed 2002-12-31; no employee counts disclosed for acquired headcount.
2003-09-30restructuringcompleted2002-12-312003-06-30United States (Los Angeles); Asia-PacificPihana acquired operationsUSD 9 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired restructuring accrual included severance for an approximately 30% reduction of Pihana's workforce, plus lease exit and professional fees; no absolute headcount given. Accrued workforce reduction balance was $5,712K at 2002-12-31, reduced to $392K by 2003-09-30.
2003-09-30restructuringcompleted20022003-01-31United StatesCorporate headquarters functionsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reductions taken in the second and fourth quarters of 2002, described as less than 10% of total headcount, primarily headquarters positions; produced approximately $2.8 million of annual savings and were substantially completed in January 2003. No absolute employee count disclosed.
2003-09-30plant_closurecompleted2003-06-302003-06-30United States (Honolulu, Hawaii)Corporate headquarters office acquired from PihanaUSD 2 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Honolulu corporate office acquired in the Combination was closed as of 2003-06-30; $1.5 million of associated costs included in nine-month G&A expense. No headcount associated with the closure disclosed.
2003-09-30divestiture_reductionannounced2003-10Asia-Pacific (Singapore)Pihana Singapore IBX hubsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
October 2003 asset sale to an STT-affiliated buyer exited the Pihana Singapore IBX hub lease; related assets sold for one Singapore dollar. No headcount impact disclosed; nominal gain expected in Q4 2003.
2003-09-30restructuringin_progress2002-12-312003-12-31Asia-PacificWorkforce reduction and related costsUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired from i-STT and Pihana in Dec 2002 Combination. Includes severance for approx 30% workforce reduction at Pihana. Cash payments of $5.3M made YTD 2003; $0.4M accrued remains.
2003-09-30restructuringin_progress2002-12-312003-12-31Asia-PacificLease exit and office shutdown costsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired from i-STT and Pihana. Includes exit of undeveloped Pihana LA IBX hub leasehold. Cash payments of $1.2M made YTD 2003; $0.5M accrued remains.
2003-09-30restructuringin_progress2002-12-312003-12-31Asia-PacificOther professional feesUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired from i-STT and Pihana. Transaction-related professional fees. Cash payments of $2.4M made YTD 2003; $0.1M accrued remains.
2003-09-30restructuringin_progress2003-03-312003-12-31ThailandJoint venture wind-downUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustment to goodwill for i-STT Nation Limited wind-down. Cash payments of $0.5M made YTD 2003; $0.1M accrued remains.
2003-09-30restructuringin_progress2002-09-012004-09-30United StatesLease exit costsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Exit of one remaining U.S. leasehold. Cash payments of $0.6M made YTD 2003; $0.2M accrued remains. Expected completion within next 12 months.
2003-09-30restructuringin_progress2002-06-012003-12-31United StatesAdditional lease exit costsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Exit of excess U.S. operating lease. Cash payments of $0.2M made YTD 2003; $0.2M accrued remains.
2003-09-30restructuringcompleted2002-06-012003-01-31United StatesWorkforce reductionsUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Less than 10% reduction in workforce, primarily headquarters. Substantially completed in Jan 2003. Fully paid.
2003-06-30restructuringin_progress2002-12-312003-09-30United States and Asia-PacificAcquired i-STT and Pihana workforcesUSD 5,712 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reduction and relocation accrual of $5,712K assumed in the Combination; $5,119K paid during the six months ended 2003-06-30, leaving $593K. Pihana severance related to an approximate 30% reduction in workforce. Filer states most remaining activities complete and paid in Q3 2003.
2003-06-30restructuringin_progress2003-03-312003-09-30Thailandi-STT Nation Limited joint ventureUSD 650 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Liability recorded during Q1 2003 when the decision to wind down the Thailand JV was made; exact announcement date not disclosed. Recorded as an adjustment to goodwill. Wind-down costs to be funded in H2 2003; July 2003 wind-down agreement described in Note 11.
2003-06-30plant_closurecompleted2003-06-30Honolulu, Hawaii, United StatesCorporate headquarters office acquired from PihanaMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Office closed as of 2003-06-30. Costs associated with the office totaled $582K in Q2 2003 and $1.5M for H1 2003; no separate closure charge or affected-employee count disclosed.
2003-06-30plant_closurecompleted2003-05-212003-03-31Shanghai, Chinai-STT Shanghai Co., Ltd — undeveloped IBX hub leaseholdother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Lease terminated effective 2003-03-31; termination agreement signed 2003-05-21. i-STT forfeited a deposit of RMB 462,966 and agreed to a one-time payment of RMB 231,483. A related $400K accrual for exiting this leasehold was assumed in the i-STT purchase price allocation.
2003-06-30restructuringcompleted2003-01-31United StatesHeadquarter functionsUSD 500 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reductions in workforce undertaken in Q2 and Q4 2002, described as less than 10% of total employee headcount, primarily in headquarter positions; exact announcement dates and affected-employee counts not disclosed. Substantially completed January 2003; approximately $2.8M of annual savings. $456K workforce accrual paid down to zero during H1 2003.
2003-06-30plant_closurein_progress2004-06-30United StatesExcess U.S. IBX expansion and headquarter office leaseholdsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Lease exit program continuing through the period: $810K (2001 program) and $392K (2002 program) accrued at 2002-12-31, reduced to $420K and $226K respectively at 2003-06-31 after cash payments. Filer expects to complete U.S. operating lease exits within twelve months of filing; no affected-employee count disclosed.
2003-06-30restructuringin_progress2002-12-312003-09-30Asia-PacificWorkforce reduction and relocationUSD 593 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrual for workforce reduction and relocation from i-STT and Pihana acquisitions. Substantial portion expected to be completed in Q3 2003.
2003-06-30restructuringin_progress2002-12-312003-09-30Asia-PacificLease exit and office shutdown costsUSD 531 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrual for lease exits and office shutdowns from i-STT and Pihana acquisitions.
2003-06-30restructuringin_progress2002-12-312003-09-30Asia-PacificOther professional feesUSD 116 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrual for professional fees related to i-STT and Pihana acquisitions.
2003-06-30restructuringin_progress2003-03-312003-12-31ThailandJoint venture wind-downUSD 635 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Accrual for costs to shut down i-STT Nation Limited joint venture. Costs expected to be funded in second half of 2003.
2003-06-30restructuringin_progress2001-09-01United StatesLease exit costsUSD 420 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrual for exiting one U.S. leasehold from 2001 European strategy revision.
2003-06-30restructuringin_progress2002-01-012004-06-30United StatesLease exit costsUSD 226 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrual for exiting unnecessary U.S. IBX expansion and headquarter office space operating leaseholds. Expected completion within next twelve months.
2003-03-31acquisition_additioncompleted2002-102002-12-31United States; Asia-Pacific (Singapore, Thailand, Hawaii, Los Angeles, Hong Kong, Tokyo, Sydney)IBX hub operationsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closed 2002-12-31; combined Equinix with i-STT and Pihana. Headcount added not disclosed; Pihana severance tied to an approximate 30% workforce reduction is reflected in the acquired restructuring accrual record below.
2003-03-31restructuringin_progress20022003-09-30United States; Asia-PacificCorporate and IBX hub operations (acquired i-STT and Pihana entities)USD 5,712 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reduction and relocation component of acquired accruals: $5,712K balance at 2002-12-31, $3,951K cash paid in Q1 2003, $1,761K remaining at 2003-03-31. Employee count not disclosed. Filer states a significant portion completes in Q2-Q3 2003. Pihana purchase accounting assumed $9,470K of restructuring charges including severance for an approximate 30% workforce reduction.
2003-03-31restructuringcompleted20022003-01United StatesHeadquarter functionsUSD 456 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reductions of less than 10% of total headcount, undertaken in the second and fourth quarters of 2002, substantially completed January 2003; approximately $2.8M of annual savings. $456K accrual paid in full during Q1 2003. Exact headcount not disclosed.
2003-03-31otherin_progress2003-032003Thailandi-STT Nation Limited joint venture wind-downUSD 650 (thousands)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2003 decision to wind down the unconsolidated Thailand JV; $650K liability recorded as a goodwill adjustment. Workforce impact not quantified; costs expected to be funded during 2003.
2003-03-31restructuringin_progress2002-12-312003-09-30Asia-PacificWorkforce reduction and relocationUSD 1,761 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired from i-STT and Pihana. Remaining accrual of $1.8M for workforce reduction/relocation as of March 31, 2003. Expected completion in Q2/Q3 2003.
2003-03-31restructuringin_progress2002-12-312003-09-30Asia-PacificLease exit and office shutdown costsUSD 672 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired from i-STT and Pihana. Remaining accrual of $672k for lease exits/shutdowns as of March 31, 2003. Expected completion in Q2/Q3 2003.
2003-03-31restructuringin_progress2002-12-312003-09-30Asia-PacificOther professional feesUSD 183 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired from i-STT and Pihana. Remaining accrual of $183k for professional fees as of March 31, 2003. Expected completion in Q2/Q3 2003.
2003-03-31restructuringin_progress2003-03-312003-12-31ThailandJoint venture wind-downUSD 650 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Decision to wind-down i-STT Nation Limited joint venture. Accrual of $650k recorded in Q1 2003. Expected to fund costs in 2003.
2003-03-31restructuringin_progress2001-09-012004-03-31United StatesLease exit costsUSD 608 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrual of $608k for U.S. lease exit costs. Company continues to work on exiting one remaining U.S. leasehold.
2003-03-31restructuringin_progress2002-01-012004-03-31United StatesLease exit costsUSD 385 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrual of $385k for additional U.S. lease exit costs. Expects to complete exit within next twelve months.
2003-03-31restructuringcompleted2002-01-012003-01-31United StatesWorkforce reductionsUSD 0 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Workforce reductions substantially completed in January 2003. Accrual fully paid down.
2002-12-31restructuringcompleted2002-052002-06-30United StatesCorporate headquartersUSD 925 (thousands)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Reduction in workforce of less than 10% in May 2002, primarily headquarters positions; expected annual savings of approximately $2.8 million. Filer does not disclose an affected-employee count. Substantially completed in Q2 2002.
2002-12-31restructuringcompleted2002-122003-01United StatesCorporate headquartersUSD 425 (thousands)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Small Q4 2002 reduction in workforce in headquarters positions; substantially completed January 2003. Filer does not disclose an affected-employee count.
2002-12-31acquisition_additioncompleted2102002-10-022002-12-31Asia-Pacific, Honolulu and Los AngelesIBX hub operations, sales and marketing, engineering and operations, management and financeItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
210 employees added through the combination with i-STT Pte Ltd and Pihana Pacific, Inc., closed December 31, 2002.
2002-12-31restructuringin_progress2002-12-312003-06-30United States, Asia-PacificPihana operations (including several officers)USD 5,712 (thousands)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Restructuring accruals assumed in the Pihana acquisition, including workforce reduction and relocation of $5,712 thousand (part of a $9,870 thousand total acquired accrual that also covers lease exits and professional fees); severance relates to an approximate 30% reduction in Pihana's workforce. Significant portion expected to be paid in the first half of 2003. Affected-employee count not disclosed.
2002-12-31restructuringcompleted2002-06-302002-06-30United StatesHeadquartersUSD 1 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Less than 10% reduction in workforce in HQ functions; $925,000 severance accrual in Q2 2002.
2002-12-31restructuringcompleted2002-12-312003-01-31United StatesHeadquartersUSD 0 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Small reduction in workforce in HQ positions in Q4 2002; completed in Jan 2003.
2002-12-31acquisition_additioncompleted2102002-12-312002-12-31Asia-Pacific and United StatesVariousItem_1_Business
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Added 210 employees via combination with i-STT and Pihana.
2002-12-31restructuringcompleted2002-05-012002-12-31United StatesCorporate HeadquartersUSD 1 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Accrual of $925,000 in severance charges related to a less than 10% reduction in workforce in corporate headquarter function. Substantially completed in Q2 2002.
2002-12-31restructuringcompleted2002-10-012003-01-31United StatesCorporate HeadquartersUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Workforce reduction accrual of $425,000 in Q4 2002. Substantially completed in January 2003.
2002-12-31acquisition_additioncompleted2102002-10-022002-12-31Asia-Pacific and United StatesAll FunctionsItem_1_Business
f5-10k / Qwen3.6-27B-Q8_0
Added 210 employees throughout Asia-Pacific, Honolulu, and Los Angeles as a result of the combination with i-STT and Pihana.
2002-12-31restructuringcompleted2002-12-312003-06-30Asia-Pacific and United StatesGeneral and AdministrativeUSD 9 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquired restructuring charges of $9.47 million related to Pihana, including severance for approx 30% workforce reduction and lease exits. Significant portion paid in Jan 2003.
2002-12-31restructuringcompleted2002-05-312002-06-30United StatesCorporate headquartersUSD 925 (thousands)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Reduction in workforce of less than 10% in May 2002, primarily headquarters positions; expected annual savings of approximately $2.8 million; reduction substantially completed in Q2 2002
2002-12-31restructuringcompleted2002-10-312003-01-31United StatesCorporate headquartersUSD 425 (thousands)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Small Q4 2002 reduction in workforce in headquarters positions; substantially completed January 2003
2002-12-31acquisition_additioncompleted2102002-12-312002-12-31Asia-Pacific; Honolulu, Hawaii; Los Angeles, CaliforniaAll functionsItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Employees added through the combination with i-STT Pte Ltd and Pihana Pacific, Inc., closed 2002-12-31; 129 of the 210 assigned to disclosed functions, remaining 81 based at IBX hubs
2002-12-31restructuringin_progress2002-12-312003-06-30United States; Asia-PacificPihana acquired operationsUSD 5,712 (thousands)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Workforce reduction and relocation accrual acquired with Pihana, reflecting an approximate 30% reduction in Pihana workforce including several officers; part of $9,870 thousand total acquired restructuring accruals; significant portion to be completed and paid in first half of 2003
2002-09-30reduction_in_forcecompleted2002-052002-06-30United StatesCorporate headquartersUSD 500 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
May 2002 headcount reduction described as less than 10% of workforce, primarily headquarters roles; filer states it was substantially completed in Q2 2002. No absolute employee count given.
2002-09-30otherannounced2002-08-14United StatesExecutive officersother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Severance agreements entered with certain executive officers providing one year of salary, bonus and healthcare benefits upon involuntary termination; contingent, no headcount or charge disclosed.
2002-09-30restructuringin_progress2002-09-30United StatesSan Jose ground lease (real estate)USD 19,010 (thousands)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q3 2002 charge for write-off of letters of credit after exercising the iStar Lease Option to exclude ~40 acres; a real-estate action with no disclosed employee impact, included for completeness of the quarter's restructuring activity.
2002-09-30restructuringcompleted2002-06-302002-06-30United StatesHeadquartersUSD 500 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction in workforce of less than 10%, primarily in headquarters positions. Substantially completed during the second quarter of 2002.
2002-09-30restructuringcompleted2002-09-302002-09-30United StatesOperationsUSD 19,010 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Exercise of option to permanently exclude approximately 40 acres from the iStar Lease in San Jose. Charge reflects write-off of letters of credit.
2002-06-30restructuringcompleted2002-05-012002-06-30United StatesHeadquartersUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
May 2002 workforce reduction of less than 10%, primarily headquarters positions; $500,000 severance accrual; substantially completed during Q2 2002. Absolute headcount not disclosed.
2002-06-30plant_closurein_progress2002-04-012003-06-30United StatesIBX expansion and headquarters office spaceUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q2 2002 restructuring charge of $9.95M covering exit of unnecessary U.S. IBX expansion and headquarters leaseholds, European exit completion, $5M iStar option fee, $2.585M property write-off, $750K letter-of-credit write-off, and $500K workforce reduction severance. Company expects to complete U.S. lease exits within next twelve months.
2002-06-30plant_closurecompleted2002-02-012002-05-31EuropeEuropean operationsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Completed exit of all European leaseholds (Amsterdam, London, Frankfurt) during H1 2002; additional $1M restructuring charge in Q2 2002 to complete European exit activities. No employee count disclosed for European exit.
2002-06-30restructuringin_progress2002-05-012002-06-30United StatesHeadquartersUSD 500 (thousands)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reduction in workforce of less than 10%, primarily in headquarters positions. Substantially completed during the second quarter of 2002.
2002-03-31restructuringin_progress2001-09-302002-12-31United StatesGeneral and AdministrativeUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrued U.S. lease exit costs as of March 31, 2002. Part of broader restructuring initiated in Q3 2001.
2002-03-31restructuringin_progress2001-09-302002-12-31EuropeOtherUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrued European lease exit costs ($3.586M) and legal fees ($0.714M) as of March 31, 2002. Company expects to complete exit of remaining lease during 2002.
2002-03-31reduction_in_forcecompleted2001-09-302001-12-31GlobalHeadquartersUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining accrued workforce reduction costs as of March 31, 2002. Reduction substantially completed in Q4 2001.
2001-12-31restructuringcompleted15%2001-092001-12-31United StatesHeadquarters functions (selling, general and administrative)USD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximate 15% workforce reduction announced September 2001 to streamline headquarters cost structure; substantially completed in Q4 2001. Charge of $1,250K total, of which $134K non-cash and $844K cash paid during 2001, with $272K accrued at year-end.
2001-12-31restructuringin_progress2001-092002-12-31EuropeEuropean IBX operationsUSD 45 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Revised European strategy to partner with other Internet exchange companies rather than build and operate own centers. Charge comprises $29.3M write-down of European construction in progress, $8.6M write-off of European letters of credit, $6.4M accrued European lease exit costs, and $1.0M legal and other fees. Company expected to exit remaining European leases during 2002.
2001-12-31plant_closurein_progress2001-092002-12-31United StatesExcess U.S. leaseholds (Ashburn, VA; Mountain View, CA)USD 2 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Accrued exit costs for several smaller excess U.S. leaseholds; company negotiating exits expected to complete during 2002.
2001-12-31restructuringcompleted15%2001-09-302001-12-31United StatesHeadquarters (Sales, General, and Administrative)USD 1 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Approximately 15% reduction in workforce in an effort to streamline and reduce the cost structure of the Company's headquarter function. Reduction substantially completed during the fourth quarter of 2001.
2001-09-30restructuringin_progress15%2001-09-302001-12-31United StatesHeadquarters (primarily selling, general and administrative functions)USD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximate 15% workforce reduction announced September 2001; absolute headcount not disclosed. Severance accrual of $877 thousand remained at quarter-end after $134 thousand non-cash and $239 thousand cash payments. Expected substantially complete during Q4 2001.
2001-09-30restructuringin_progress2001-09-302002-12-31EuropeEuropean operations (revised European services strategy)USD 45 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Shift from building own European IBX centers to partnering with international Internet exchange companies. Charge comprises $29.26M construction-in-progress write-down, $8.634M European letters of credit write-off, $6.368M European lease exit costs, and $1.053M legal/other. One European lease surrendered as of quarter-end; remaining exits expected during 2002. No employee count disclosed for this component.
2001-09-30plant_closurein_progress2001-09-302002-12-31United StatesExcess U.S. operating leases / leasehold exitsUSD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Efforts initiated to exit certain excess U.S. leaseholds; $2.0M accrued for U.S. lease exit costs. No employee count disclosed.
2001-09-30restructuringin_progress15%2001-09-302001-12-31United StatesHeadquartersUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Approximate 15% reduction in workforce, primarily in headquarter positions. Reduction expected to be substantially complete during the fourth quarter of 2001.
2001-06-30restructuringcompletedUnited StatesCorporate / General & AdministrativeMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cost-savings initiatives during Q2 2001 included staff reductions and reduced discretionary spending; no headcount or charge quantified.
2001-06-30restructuringcompleted2001-06-30MD&A
f5-10q / Qwen3.6-27B-Q8_0
Company implemented cost-savings initiatives including staff reductions and decreased discretionary spending during the second quarter of 2001.
2001-03-31restructuringannounced10%United StatesCompany-widesubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cost-reduction program including realignment and reduction of approximately 10% of workforce, plus cuts to discretionary spending and marketing; no absolute headcount, charge, or timing disclosed. Filer states no expected impact on operations or customer service. Absolute count cannot be validated because no total headcount is disclosed in the filing.
2001-03-31restructuringannounced10%2001-03-31subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Company intends to take steps to reduce projected operating expenses, including a realignment and reduction of approximately 10% of its workforce.