Gaw Capital in partnership to tap into Korea Internet data centre market

According to a press release on April 26 disclosing the bargain, Gaw Capital claims that this collaboration will certainly further broaden the Dreamline telecommunications business and notes the initial step for Gaw Capital to take advantage of the Korean IDC market.

“The rising need for data centres in Asia Pacific remains to expand due to enhanced Internet usage driven by the pandemic,” states Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.

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Gaw Capital Partners has already authorized agreements with IMM Investment Corp, a Korean personal equity firm, to tap into the Korea Internet data centre (IDC) market.

Across The Globe, Gaw Capital’s data centre portfolio comprises data centres in China, Indonesia, Japan, as well as currently South Korea. The private equity company says that it will certainly remain to look for chances to develop its IDC presence in South Korea.

The agreements will certainly see Gaw Capital make a strategic investment in Dreammark1, a nine-storey IDC, together with develop a shared strategic collaboration with IMM Investment Corp to expand Dreamline, a Korean telecommunications service provider that holds Dreammark1 as its subsidiary.

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