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Asia Pacific

The Tech Capital STT mulling $1bn pre-IPO raise for data centre business

STT’s data centre unit, STT Global Data Centers (STT GDC), is mulling a US$1 billion raise as it considers an initial public offering (IPO). The group, backed by Singapore’s state-owned investment firm Temasek Holdings, is rumoured to have already held conversations with potential advisers o...

May 18

The Tech Capital Vantage Data Centers adds $3bn into Southeast Asia rollout

DigitalBridge-backed Vantage Data Centers has announced the development of a second data centre campus (KUL2) in Cyberjaya with an additional planned US$3 billion (RM13.32 billion) investment. Upon completion, the KUL2 campus will deliver 256MW of IT capacity to meet the growing customer demand for hyperscale data centre services in the Asia region. Located adjacent to V...

May 16

The Tech Capital New Macquarie-backed data centre operator launches in Indonesia

Bersama Digital Infrastructure Asia (BDIA) has launched data centre platform Bersama Digital Data Centres (BDDC) in Indonesia. BDIA is a Southeast Asian regional digital infrastructure platform controlled by Provident Capital and Saratoga along with a Macquarie Asset Management consortium as a strategic partner. BDDC launches with two acquired data centres, namely PT Rum...

May 09

The Tech Capital Adani, EdgeConneX launch 300MW data centre in India

The Adani Group is developing an ‘Integrated Data Center and Technology Business Park’ in Vizag, to boost local technology ecosystem in the region. The ground-breaking ceremony at the park site in Vizag was held on 03 May 2023 in the presence of Hon’ble Chief Minister of Andhra Pradesh (AP) Mr Y S Jagan Mohan Reddy, Managing Director of the Adani Group, Mr Rajesh Adan...

May 08

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