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Michelle Barry

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Telx Expands 111 8th Ave. New York Colocation Facility

 Telx, a leading interconnection and colocation provider in strategic North American markets, is expanding its state-of-the-art data center at  the 111 8th Avenue facility in New York City.  The 50 percent increase in space adds 21,500 additional square feet of data center capacity due to increased demandfor services by financial institutions and cloud infrastructure and software providers. Telx's 111 8th Ave. facility rests atop one of the main fiber optic arteries in New York City— the Hudson Street Ninth Avenue fiber highway.

 

“Our decision to add more data center capacity to our 111 8th Avenue facility is in response to a sharp increase in demand from our financial services customers and cloud application service providers,” explained Eric Shepcaro, CEO of Telx. “With the expanded footprint, we can immediately meet the latency, proximity, security and services requirements of the most demanding financial services and cloud computing environments.”

 

With a larger facility, financial firms in need of NY Metro area colocation services can easily leverage secure, direct connections to dozens of markets, exchanges, communities and vendors in a matter of hours, as opposed to weeks. In addition, financial firms can quickly and cost-effectively reach an expanding base of exchanges, broker dealers, capital markets vendors, market data providers, order management vendors, buy-side and sell-side firms in Telx’s expanded NYC data center suites.

 

“The Telx 111 8th Avenue facility has become one of our primary Points of Presence (PoP) growth locations in the New York metro area thanks to its low-latency connectivity and resiliency,” said Jeffrey Britell, director of Network Planning, IPC Systems. “Telx has built a high-value ecosystem for the financial services industry, and their expansion of the 8th Avenue facility will enable them to provide even more connectivity choice to their customers.”

 

111 8th Avenue is one of the most important high-tech addresses in the world due to its strategic location atop one of the main fiber optic arteries in New York City, the Hudson Street Ninth Avenue fiber highway. Telx’s data center suites in this location are in high demand by telecommunications, enterprise and financial Services companies in need of low-cost options, speed to market and latency critical proximity. In addition, with its robust ecosystem of service providers and enterprises, the 111 8th Avenue data center suites are optimal for secure enterprise cloud infrastructure as a service (IaaS) and Software as a Service (SaaS) environments.

 

 

About Telx


Telx is a leading provider of interconnection, colocation and business exchange services in strategic, high demand North American markets.  With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry’s highest performance networks and access to more than 750 leading telecommunications carriers, ISPs, content providers and enterprises. Telx is a privately held company headquartered in New York City with four facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, three facilities in California, (Los Angeles, San Francisco, Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit www.telx.com.

More Stories By Michelle Barry

Michelle represents Telx, a fast-growing colocation and interconnection provider serving the financial, telecommunications, media and entertainment and cloud computing industries. For more information, please visit http://telx.com.