Oct. 22, 2009 (Business Wire) -- Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Switch and Data Facilities Company, Inc. ("Switch and Data" or the "Company") (Nasdaq:SDXC) arising out of the proposed acquisition by Equinix, Inc. Under the terms of the agreement, Switch and Data stockholders will have the opportunity to elect to receive either 0.19409 shares of Equinix stock or $19.06 in cash for each share of Switch and Data stock. The overall consideration to be paid by Equinix in the acquisition will be 80% Equinix stock, 20% cash. In the event that holders of more than 80% of Switch and Data’s stock elect to receive Equinix stock or holders of more than 20% of Switch and Data’s stock elect to receive cash, the merger consideration will be pro-rated to achieve these proportions.

The investigation concerns whether the Company’s board of directors breached their fiduciary duties to Switch and Data shareholders by agreeing to this deal given that Switch and Data’s directors, executive officers and certain of its significant stockholders have agreed to vote shares representing 35% of Switch and Data’s outstanding stock in favor of the transaction.

If you own shares of Switch and Data, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or visit www.howardsmithlaw.com. You may also email my firm at howardsmith@howardsmithlaw.com.