DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Investment / M&A / Financing, ST Telemedia Global Data Centres
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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STT GDC backs out of planned Vietnam data center project
VNG looks to acquire STT GDC's portion of Ho Chi Minh City JV, aims to develop others and other facilities instead
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STT GDC secures up to $1.37bn in funding for 166MW data center in Johor, Malaysia
Will support construction of first 16MW phase
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Singapore telco Singtel considers REIT to fund data center and AI build-out
Telco potentially looks to follow other data center operators
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STT GDC launches data center in Jakarta, Indonesia, starts work on two more
Also tops out third Jakarta facility, and secures financing for project
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KKR and Singtel fully acquire data center firm STT GDC
Companies acquire APAC operator for $5.1bn
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Singtel confirms company in negotiations to buy STT GDC
Telco didn't provide further details on negotiations
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KKR & Singtel look to acquire controlling stake in STT GDC
Companies reportedly set to takeover data center firm from ST Telemedia
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STT GDS acquires 24 acres of land in Mumbai from real estate developer Lodha
Site will form part of a larger planned data center park in the region
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ST Telemedia considers sale of stake in Chinese data center firm GDS - report
Singaporean firm looking to divest ahead og STT GDC sale?
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KKR considers acquiring ST Telemedia Global Data Centres at $5bn valuation
After picking up nearly 15 percent of the company last year
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ST Telemedia Global Data Centres raises $1.3bn from KKR and Singtel
Claims to be largest digital infrastructure investment in Southeast Asia in 2024
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KKR and SingTel competing against Stonepeak to acquire $1bn stake in STT GDC
Companies vying for 20 percent stake in operator
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STT GDC lines up investors for $1bn fundraise ahead of IPO
The funding round could help the company settle on a valuation
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STT GDC raises $338m in sustainability-linked securities
Will be used for "general corporate purposes"
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STT GDC considering $5 billion IPO
Singaporean data center firm exploring going public
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Macquarie Asset Management closes minority stake in Virtus Data Centres
LPPI’s The London Fund joins investment
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Macquarie Asset Management takes minority stake in Virtus
Australian fund acquires part of STT GDC's UK data center unit
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Globe Telecom carves out data center unit, partners with STT GDC and Ayala Corp
STT GDC & Ayala invest in new KarmanEdge unit, Globe nets $100 million
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GDS raises $620 million via convertible notes
Company raises funds to fund development and acquisition of new data centers, and partners with Sequoia China