Gaw Capital in partnership to tap into Korea Internet data centre market
The agreements will see Gaw Capital make a tactical investment in Dreammark1, a nine-storey IDC, together with develop a common tactical partnership with IMM Investment Corp to expand Dreamline, a Korean telecom service provider that keeps Dreammark1 as its subsidiary.
According to a statement on April 26 announcing the bargain, Gaw Capital claims that this partnership will additionally expand the Dreamline telecommunications service as well as marks the first step for Gaw Capital to take advantage of the Korean IDC market.
Gaw Capital Partners has recently signed contracts with IMM Investment Corp, a Korean exclusive equity firm, to use the Korea Internet data centre (IDC) market.
Globally, Gaw Capital’s data centre profile consists of data centres in China, Indonesia, Japan, and also now South Korea. The exclusive equity firm states that it will certainly remain to seek out chances to expand its IDC visibility in South Korea.
“The rising need for data centres in Asia Pacific remains to grow because of boosted Internet use driven by the pandemic,” claims Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.