Interconnection giant Equinix this week reported its 68th consecutive quarter of growth and said it ended fiscal year 2019 with $5.56 billion in revenue — a 10% increase over the previous year. And on a call with analysts, CEO Charles Meyers hinted that the mega data center company had more edge services in the works.

The company’s fourth-quarter 2019 revenues hit $1.42 billion, up 8% over the same quarter last year.

Interconnection revenues remain a growth driver, and these grew 13% year over year. Equinix’s SDN-based interconnection platform, called Equinix Cloud Exchange Fabric, has more than 363,000 physical and virtual interconnections and 2,000-plus customers, said CEO Charles Meyers. “Our interconnection differentiation continues to pay dividends as we expand our product set, driving growth and customer value,” he said, according to a transcript of the call. “We now have over 363,000 interconnections and delivered our 12th consecutive quarter of adding more interconnections than the rest of the top 10 competitors combined.”

Equinix’s platform operates across 55 metros in 26 countries, and this includes the new Axtel data centers in Mexico that Equinix recently bought for $175 million, Meyers said. The company also plans to build out new markets in Hamburg, Germany and Muscat, Oman this year.

Equinix Expands Into Edge Services

Last month Equinix announced a deal to buy edge computing company Packet, and Meyers said he expects the acquisition to close in the first quarter. Equinix already owns more than 200 data centers, but these are typically huge facilities located in major internet hubs such as Silicon Valley, Dallas, and Ashburn, Virginia. Buying Packet will allow it to move into smaller markets, and it shows the growing importance of edge computing as more users and connected devices require data to be processed as close to these users and devices as possible.

Meyers described Packet as Equinix’s first “capabilities-type” acquisition. “We’re super excited about what they bring to the table,” he added, referring to Packet. It allows Equinix to bring an “enterprise-grade, bare metal offering to the table that is really going to be responsive to customer needs and will help animate our core value proposition in really compelling ways,” Meyers said.

He also teased future edge-based services. Over the summer Equinix rolled out its new Network Edge service, which lets enterprises deploy virtual network functions (VNFs) from Cisco, Juniper, and Palo Alto Networks within Equinix data centers. Last week it added Fortinet SD-WAN to the VNF menu.

Acquiring Packet allows it to facilitate additional edge computing capabilities, and “we also think there will be perhaps even more of those that are edge-based services that represent combinations of our value with third-party value and partner value,” Meyers said on the call. “It’s going to be an evolution of our strategy, but I think that we’re going to continue to be about building ecosystems, where people can bring value, combining with what we do and solve customer problems.”