Gaw Capital in partnership to tap into Korea Internet data centre market
Across The Globe, Gaw Capital’s data centre portfolio consists of data centres in China, Indonesia, Japan, and now South Korea. The private equity company states that it will certainly remain to seek possibilities to increase its IDC existence in South Korea.
“The surging interest for data centres in Asia Pacific remains to expand as a result of increased Internet use driven by the pandemic,” says Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.
The agreements will certainly see Gaw Capital make a calculated investment in Dreammark1, a nine-storey IDC, along with establish a common calculated collaboration with IMM Investment Corp to expand Dreamline, a Korean telecom service provider that holds Dreammark1 as its subsidiary.
According to an announcement on April 26 introducing the bargain, Gaw Capital states that this collaboration will certainly even more develop the Dreamline telecommunications industry as well as notes the initial step for Gaw Capital to tap into the Korean IDC market.
Gaw Capital Partners has already signed arrangements with IMM Investment Corp, a Korean private equity company, to use the Korea Internet data centre (IDC) market.