Equinix, Inc. is an American multinational company based in Redwood City, California, which specializes in internet connectivity and data centers. The company is the leading global proprietary data center market share company, with 210 data centers in 25 countries on five continents. It is listed on nasdaq under the eqix index code, and in 2020, it had nearly 8,700 employees worldwide. The company became a real estate investment fund (REIT) in January 2015. Equinix was founded in 1998 by Al Avery and Jay Adelson, two facilities managers at the digital equipment company. The company promoted its data center platform as a neutral place where competing networks could communicate and share data traffic. The company has neglected the "network effect", through which each new customer expands the appeal of his platform. It expanded to Asia and the Pacific in 2002 and Europe in 2007, followed by Latin America in 2011 and the Middle East in 2012.In 2018, according to data compiled by the Online Sludge Bulletin, Equinix signed three contracts with the U.S. Customs and Border Protection Agency to provide "IT support equipment" totalling more than $5 million.