Gaw Capital in partnership to tap into Korea Internet data centre market
The arrangements will see Gaw Capital make a calculated investment in Dreammark1, a nine-storey IDC, along with establish a common strategic collaboration with IMM Investment Corp to expand Dreamline, a Korean telecommunications provider that handles Dreammark1 as its subsidiary.
According to a press release on April 26 introducing the bargain, Gaw Capital states that this affiliation will certainly additionally increase the Dreamline telecom business as well as notes the very first step for Gaw Capital to tap into the Korean IDC market.
Internationally, Gaw Capital’s data centre profile consists of data centres in China, Indonesia, Japan, and also currently South Korea. The private equity company claims that it will certainly remain to seek out opportunities to expand its IDC presence in South Korea.
“The rising interest for data centres in Asia Pacific continues to expand because of raised Internet use driven by the pandemic,” claims Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.
Gaw Capital Partners has recently authorized arrangements with IMM Investment Corp, a Korean private equity company, to use the Korea Internet data centre (IDC) market.