Telx Adds Colocation Space at Financial Xchange Facility

Looking to enhance its presence in U.S., Telx has announced its expansion into an additional 14,000 square foot facility located at 111 8th Avenue in lower Manhattan. Telx is one of the country’s largest interconnection and colocation data center providers.

 

Colocation is among the most sought after services during an economic recession. Many companies have discovered that their own servers are running out space, and they do not have the money to replace those servers. In these circumstances, the ideal solution is to opt for colocation services which achieve the same goal but for a smaller price.

 

In its new site, Telx plans to host its Financial Xchange, which offers low latency networks near other financial networks. With its 111 8th Avenue facility, Telx believes the increasing demand for financial “cross-connects,” or network connections between businesses and financial companies can be met.

 

“Despite a down economy, customers continue to seek low latency, close proximity colocation space and the opportunity for vast choice in interconnections in order to optimize their network and increase productivity and efficiency,” said Tesh Durvasula, chief business and marketing officer for Telx. “Expanding our presence at 111 8th Avenue helps us to ensure that customers can find everything they need with Telx.”

 

Telx’s new building currently acts as a hub for more than 80 percent of the exchange-directed fiber connections running in New York. Telx says it can provide customers with best-in-class speed for a reliable, high-performance solution as it can streamline the distance market data travels with its better connectivity. This new space at 111 8th Avenue is connected to other Telx spaces in that building and the other Telx NYC Metro locations at 60 Hudson Street, New York City; 100 Delawanna Avenue, Clifton, New Jersey; and 300 Boulevard East, Weehawken, New Jersey.

 

Recently, the company teamed up with the Internet Systems Consortium (ISC) to install a new F-root nameserver in Telx's colocation and interconnection facility at 56 Marietta Street in Atlanta, Georgia. The new F-root nameserver helps improve Internet response times for customers connected to the Telx Internet Exchange (TIE) service in Atlanta.