Equinix reviewing short seller’s claims, confident on ‘distinctive advantages’

In an emailed statement to The Fly, Equinix said that, “We are aware of the report and in the process of reviewing claims made therein. We take these matters seriously, and we will not respond further to the claims during our review. We will report back once that review is complete, as appropriate. We remain confident that our distinctive advantages create significant long-term opportunity for Equinix and continue to see Equinix as highly relevant to customers as they pursue their digital transformation agendas and deploy distributed, hybrid and multi-cloud infrastructure as the preferred architecture of choice.” The Fly notes that in a recently published report, short seller Hindenburg Research accused the company of accounting manipulation and selling an “AI pipe dream.”