The first phase represents an expected investment of approximately $40.0 million and provides 480 cabinets equivalents. The second phase is targeted for completion during the third quarter of 2010 and is expected to provide an additional 520 cabinets equivalents. A third phase, to be timed to meet market demand, will provide an additional 500 cabinet equivalents. Equinix's investment into the purpose-built AM2 IBX data centre represents the company's fourth facility in The Netherlands, including two IBX data centres located in Enschede and Zwolle, and is part of the company's $2.0 billion investment to expand operations between 2007 and 2010.

The AM2 IBX data centre build is in response to the rising demand from global and local network service providers, digital content providers, financial services firms, and enterprises operating in the Dutch capital to leverage all of the benefits of Equinix data centre services. At full build out, the AM2 IBX data centre will have capacity for 1,500 cabinet equivalents.

"Amsterdam is a key location, not just for Dutch businesses, but for many regional and global service providers and enterprises that are eager to increase business operations in this important market," said Michiel Eielts, general manager, Equinix Netherlands. "Since opening our AM1 IBX data centre in 2008, we have seen a steady increase in demand from both local and international organisations, and we are very excited to meet their on-going requirements for premium, well-connected, data centre services."

The AM2 IBX data centre is located in the Amsterdam Zuidoost business district, adjacent to Equinix's AM1 IBX data centre. By building its two Amsterdam IBX data centres on the same campus, Equinix is enabling customers located at both locations to easily grow their operations and directly exchange business information. The AM2 IBX data centre will build upon the range of premium data centre services provided at AM1, including colocation, interconnection and peering, direct cross-connects between more than 25 networks, and access to AMS-IX, the world's largest single metro area Internet exchange. In addition, the AM2 IBX data centre will also offer the new Equinix Carrier Ethernet Exchange service later this year. The AM2 IBX data centre is ISO27001 certified and designed to provide customers with highly resilient yet energy efficient and secured data centre services, monitored on a 24x7 basis.