Why data is the ‘oil’ of modern M&A
Merger and acquisitions (M&A) are big in tech and have been so in the digital infrastructure space. So much so that the market often says there is way more...
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APAC data centre operator Big Data Exchange (BDx) has signed a conditional sale and purchase agreement of shares (CSPA) and joint venture agreement, together with a series of commercial and operational agreements, with PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH), PT Aplikanusa Lintasarta, and...
May 12
Chinese internet business The9 Limited (Nasdaq: NCTY) said that its wholly-owned subsidiary NBTC Limited and Kyrgyzstan enterprise SolarCoin LLC have signed a Purchase Agreement regarding a block chain computing centre in Kyrgyzstan. Pursuant to the deal, The9 will obtain 31.5MW electricity capacity for the deployment of its 7,500 Antminer S19J Bitcoin mining machines con...
May 12
A consortium led by Macquarie Asset Management (MAM), via Macquarie Asia-Pacific Infrastructure Fund 3, has acquired a minority stake in Bersama Digital Infrastructure Asia Pte. Ltd. for ~US$610 million. Bersama Digital Infrastructure is a Southeast Asian regional digital infrastructure platform controlled by Provident Capital and PT Saratoga Investama Sedaya Tbk. The MA...
May 12
Retail colocation operator ColoHouse said it will add 15,000 square feet of data centre space and over 1 megawatt of power by adding two data halls to the fifteenfortyseven Critical Systems Realty (1547 CSR) Orangeburg, New York facility. Backed by investment management group Valterra Partners, ColoHouse’s expansion in Orangeburg has been designed to meet demand from both...
May 12