Gaw Capital in partnership to tap into Korea Internet data centre market
According to a press release on April 26 announcing the bargain, Gaw Capital says that this alliance will better develop the Dreamline telecom service and also notes the beginning for Gaw Capital to use the Korean IDC market.
Globally, Gaw Capital’s data centre profile makes up data centres in China, Indonesia, Japan, as well as now South Korea. The exclusive equity firm says that it will remain to look for possibilities to grow its IDC visibility in South Korea.
The contracts will certainly see Gaw Capital make a tactical investment in Dreammark1, a nine-storey IDC, in addition to establish a mutual tactical collaboration with IMM Investment Corp to grow Dreamline, a Korean telecom service provider that handles Dreammark1 as its subsidiary.
Gaw Capital Partners has already authorized agreements with IMM Investment Corp, a Korean exclusive equity company, to take advantage of the Korea Internet data centre (IDC) market.
“The surging interest for data centres in Asia Pacific continues to grow as a result of enhanced Internet usage driven by the pandemic,” says Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.