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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Singapore-based data centre operator SpaceDC has partnered with Aofei Data International, a Hong Kong subsidiary of Guandong Aofei Data Technology Company Limited, to sell Aofei’s nine data centres, CDN and SDN in China including their Guangzhou, Langfang City and Shenzhen campuses. The portfo...
May 11
Superloop (ASX:SLC) has announced the completion of the sale of Superloop (Hong Kong) Limited and select assets from Superloop (Singapore) Pte Ltd to Columbia Capital and DigitalBridge Investment Management. The sale was first announced in October 2021. The gross sale price, before the cost of the Indefeasible Right of Use (IRU) purchased by Superloop, remained unchanged at...
May 04
Hong Kong-based private equity firm Gaw Capital Partners, through a fund under its management, has entered into various agreements with Korean private equity firm IMM Investment Corp., to make a strategic investment in Dreammark1 and form a mutual strategic partnership to grow Dreamline Co. Established in 1997, Dreamline operates a nationwide optical fibre network providing...
April 28
Newmark Group, Inc. (Nasdaq: NMRK) has opened its Hong Kong office official debuting client brokerage operations in the Asia-Pacific region. The real estate brokerage firm said the new office is a key strategic development for Newmark as it adds one of APAC's leading international business hubs to its service coverage. As part of the footprint expansion, the company has ...
April 28