Telx expands collocation facility in downtown Chicago

AUGUST 5, 2009 - The facility gets a boost from more than 15,000 additional square feet of space to support financial and other enterprise customers.

AUGUST 5, 2009 - Telx (search Lightwave for Telx), a colocation and interconnection data center operator, has expanded its downtown Chicago colocation and interconnection capabilities by adding 15,000 additional gross square feet and 10,000 available sellable square feet in its facility at 350 East Cermak Street.

The space, which was assigned to Telx by another tenant within the facility, provides additional space for financial services customers and other enterprise verticals that require ultralow-latency connectivity and interconnections to a variety of networks. The facility also houses Telx's Financial Xchange, offering direct connections to more than 30 of the industry's leading exchanges, trading platforms, and financial service companies. This second expansion for Telx approximately doubles its square footage and available cabinet equivalents at 350 Cermak.

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

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

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

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