Gaw Capital in partnership to tap into Korea Internet data centre market
The agreements will certainly see Gaw Capital make a tactical investment in Dreammark1, a nine-storey IDC, along with establish a mutual tactical partnership with IMM Investment Corp to expand Dreamline, a Korean telecommunications provider that holds Dreammark1 as its subsidiary.
According to a statement on April 26 announcing the deal, Gaw Capital states that this affiliation will additionally increase the Dreamline telecommunications service and marks the very first step for Gaw Capital to use the Korean IDC market.
“The rising interest for data centres in Asia Pacific remains to expand because of raised Internet usage driven by the pandemic,” states Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.
Gaw Capital Partners has signed agreements with IMM Investment Corp, a Korean personal equity company, to take advantage of the Korea Internet data centre (IDC) market.
Across The Globe, Gaw Capital’s data centre portfolio comprises data centres in China, Indonesia, Japan, and also now South Korea. The exclusive equity company states that it will remain to seek chances to grow its IDC visibility in South Korea.