July 23 (Reuters) - Equinix ( EQIX ) has acquired three

data centers in the Philippines from Total Information

Management to expand its presence in the high growth potential

region of Southeast Asia, the global data center firm said on

Tuesday.

The U.S.-based company, which has already established its

presence in countries in the region such as Indonesia and

Malaysia, also intends to expand its footprint in Singapore as

the compact city-state opens the door to building more

facilities.

"This strategic acquisition, combined with our recent

expansions in Malaysia and Indonesia, as well as the awarded

data center capacity in Singapore, will greatly enhance our

footprint in the region," said Jeremy Deutsch, president,

Asia-Pacific, at Equinix ( EQIX ), without divulging any financial

details.

Most Southeast Asian countries present a conducive

environment for data center establishments, thanks to their

strong growth potential, young, tech-savvy population,

inexpensive land and labor expense, and favorable policies.

Global tech giants such as Google, Microsoft ( MSFT ), and Amazon ( AMZN )

have already invested billions of dollars in the region to cater

to the burgeoning demand for artificial intelligence and cloud

computing services.

Equinix ( EQIX ) will also expand in new markets including Jakarta,

Indonesia, and Chennai, India later this year, it added.