Equinix named a top pick for 2013 at Piper Jaffray Piper Jaffray believes Equinix will be another top performing stock in 2013 due to strong secular trends. The firm sees upside potential to consensus estimates and calls the stock a top pick for 2013. Piper has an Overweight rating on the name with a $225 price target.
Equinix acquires Nimbo Equinix announced that it has acquired Nimbo, a leading professional services company focused primarily on helping enterprises develop and implement hybrid cloud IT architectures. The acquisition of Nimbo represents an important step in Equinix's larger initiative to build its professional services capabilities to support data center migrations, WAN optimization and the creation of scalable, high performing hybrid cloud solutions.