data center
KKR buys stake in Singtel's Asia data centre business
KKR has agreed to acquire a 20% stake in Singtel’s Asia data centre business for SGD 1.1bn (USD 800m) via its infrastructure strategy.
Bain agrees $3.1b Chindata take-private
Bain Capital has agreed to acquire US-listed data centre operator Chindata Group for an equity value of USD 3.16bn, which will lead to the privatisation of a business it took public less than three years ago.
China Merchants Capital moves for Bain target Chindata
China Merchants Capital is challenging Bain Capital for Chindata Group, a largely China-focused data centre operator, having submitted a USD 3.4bn all-cash offer for the US-listed company.
Advanced computing: Niche or indispensable?
Investors are wary of rising data processing challenges in a rapidly digitising world. They must make do with the imperfect solutions of today without failing to embrace frontier technologies
Bain seeks delisting of Chindata within three years of listing
Bain Capital has submitted a USD 2.9bn take-private bid for Chindata Group, a largely China-focused data centre operator that it assembled through a buy-and-build and took public in October 2020.
ADIA, SC Capital to invest $2bn in Asia data centres
Abu Dhabi Investment Authority (ADIA) will provide Singapore private equity real estate manager SC Capital Partners up to USD 2bn for equity investments in Asia data centres.
Data centres: Seeking sustainability
With data driving increasing amounts of business activity, companies are paying more attention to energy sourcing and consumption at the facilities tasked with processing this information
Infrastructure funds move towards software - Infralogic Forum
Software providers are set to become targets for infrastructure investors, provided companies can demonstrate sufficient customer stickiness to underpin consistent revenue streams, the Australia Infralogic Investors Forum heard.
China cloud services player Flywheel raises $45m
Chinese cloud-native database services provider Flywheel Technology, also known as Feilun Keji, has raised CNY 300m (USD 45m) in seed funding from Sequoia Capital China and IDG Capital.
Mubadala leads $500m round for Princeton Digital
Abu Dhabi’s Mubadala Investment has contributed USD 350m to a USD 500m equity round for Singapore-based data centre developer Princeton Digital Group (PDG).
GIC backs $525m Korea data centre program
Singapore’s GIC has teamed up with digital infrastructure company Equinix with a view to investing USD 525m in the development of two data centres in Korea.
Deal focus: Warburg Pincus returns to ESR
The sale of ARA Asset Management to ESR will create a real estate behemoth primed to go big on e-commerce-driven logistics and data centers – and allow Warburg Pincus to reunite with the platform it seeded
ESR buys PE-backed real assets manager ARA for $5.2b
ARA Asset Management, an Asia-based real asset manager that was privatized by a PE consortium in 2016, has agreed to be acquired by Hong Kong-listed warehousing platform ESR for $5.2 billion.
Everstone backs $1b India data center JV
Everstone Group has teamed up with data center operator Yondr Group to invest $1 billion in facilities across India, leveraging the country’s push for greater data localization.
Novo Tellus seeks control of Singapore-listed Procurri
Novo Tellus Capital Partners has moved to take control of Procurri, a Singapore-listed provider of IT services and data center equipment in which it acquired a minority position two years ago.
DCP, CPE make $300m China data center play
DCP Capital Partners and CPE – formerly CITIC Private Equity – have led a $300 million investment in Hotwon Group, a Chinese cloud computing infrastructure services provider.
CDH hits first close on China data center fund
CDH Investments has reached the first close of RMB1.5 billion ($228 million) on a data center industry fund. Part of the Chinese GP's mezzanine strategy, the vehicle has a full target of RMB2 billion.
Manulife backs spinout from Hong Kong’s JIDA
Manulife Investment Management is supporting the spinout of the team at Hong Kong infrastructure investor JIDA Capital, acquiring a significant minority stake in the new GP.
OTPP leads $360m round for Asia data center business
Ontario Teachers’ Pension Plan (OTPP) has led a $360 million equity investment in Singapore-based data center developer Princeton Digital Group (PDG).
PE-owned Asia data center business trades up after $540m IPO
Bain Capital-controlled data center operator Chindata Group Holdings gained 20% on its NASDAQ trading debut following a $540 million IPO.
Bain's Asia data center platform seeks US listing
Chindata Group Holdings, which claims to be the largest player in emerging markets Asia’s carrier-neutral hyperscale data center industry in terms of capacity in service, has filed for an IPO.
CPE, GDS team up on China data center project
CPE - formerly CITIC Private Equity - and GDS Holdings have jointly acquired a greenfield data center project in China that will represent a RMB2.6 billion ($371 million) investment upon completion.
Carlyle invests $235m in Bharti Airtel's India data center unit
The Carlyle Group has announced its third India deal in the space of two months with a $235 million commitment to local telecom operator Bharti Airtel’s data center business, Nxtra Data.
SummitView leads $99m round for China's Enflame
Enflame Technology, a Chinese artificial intelligence (AI) technology developer that provides deep learning solutions for data centers, has raised RMB700 million ($99 million) in Series B funding led by Summitview Capital.