We were interested to see Terremark announcing their first major foray into Northern Europe.  The Press Release confirms Terremark are leasing an initial 25,000 sq ft from DLR inside the Schipol Airport Area and indeed Terremark confirm their anchor customer is Schipol Group themselves, the airport operator.   Terremark are not as well known in Europe as they are in the States where their Miami based “Nap of the America’s” facility is a key interconnection hub between Latin America and the US and their “Nap of the Capitol” in North Virginia is also clearly a rapidly expanding facility for them, focussing in particular on the public sector.  In Europe, they have been clients in Global Switch Madrid for some time, where they aimed to build on the Latin American link into Spain and they also acquired a managed services company called Data Return here in the UK. 

VMware bought 5% of Terremark in May 2009 for $20m.  Year end March 2010 revenues were $292m, up 17% year on year.