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Digital Realty to Expand Colocation and Connectivity Offerings in Ashburn

DLR

Expansion to provide enhanced solutions to support customers' mission-critical applications, in close proximity to the compute engines that power their businesses

PR Newswire

SAN FRANCISCO, May 9, 2016 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today that the company will expand colocation services to customers on its existing Ashburn campus in the third quarter of this year.  The expansion follows Digital Realty's recent acquisition of 126 acres within one mile of its existing Ashburn campus, which will support the development of upwards of two million additional square feet and 150 megawatts of critical IT load.  A variety of colocation and connectivity options will be made available by leveraging Telx's proven operational model and Digital Realty's existing fiber connectivity.

Digital Realty plans to offer traditional connectivity options found within its Meet-Me-Rooms and between buildings on campus, as well as dedicated Internet access solutions.  Customers will also be able to take advantage of a large ecosystem of network and cloud providers through MarketplacePORTAL, a state-of-the-art customer portal, where they can manage connectivity, service issues and access rights.  

"We are excited to expand our service offerings in the largest data center market in the United States as we further our strategy of supporting applications of all sizes within our secure campus environments," said Tony Rossabi, Managing Director of the company's Telx line of business.  "Once the expansion is complete, customers will be able to take advantage of an even wider range of powerful solutions to support their mission-critical applications in close proximity to the compute engines that power their businesses.  We look forward to translating the success of our Ashburn colocation service offering to other campuses by the end of the year."

For Additional Information:

Scott Sherwood
Director of Product Marketing
Digital Realty
(877) 321-8359
ssherwood@telx.com

Media Inquiries:
Laurent Decosse
Lewis PR
(415) 432-2457
laurent.decosse@teamlewis.com

Investor Relations:
John J. Stewart / Maria S. Lukens
Digital Realty
(415) 738-6500
investorrelations@digitalrealty.com

About Digital Realty
Digital Realty Trust, Inc. supports the data center and colocation strategies of more than 1,000 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia.  Digital Realty's clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products.  https://www.digitalrealty.com/

Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to our expected product offerings and overall product strategy.  These risks and uncertainties include, among others, the following: the impact of current global economic, credit and market conditions; current local economic conditions in the metropolitan areas in which we operate; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses, including Telx; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical and information security infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and development space; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended December 31, 2015, as amended.  The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digital-realty-to-expand-colocation-and-connectivity-offerings-in-ashburn-300264838.html

SOURCE Digital Realty Trust, Inc.



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