Gaw Capital in partnership to tap into Korea Internet data centre market
The arrangements will see Gaw Capital make a strategic investment in Dreammark1, a nine-storey IDC, and establish a shared tactical partnership with IMM Investment Corp to expand Dreamline, a Korean telecom service provider that handles Dreammark1 as its subsidiary.
Globally, Gaw Capital’s data centre portfolio makes up data centres in China, Indonesia, Japan, and now South Korea. The exclusive equity company claims that it will certainly continue to choose possibilities to expand its IDC presence in South Korea.
“The surging necessity for data centres in Asia Pacific continues to grow as a result of increased Internet use driven by the pandemic,” states Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.
According to a news release on April 26 disclosing the bargain, Gaw Capital says that this collaboration will certainly even more increase the Dreamline telecommunications company as well as marks the very first step for Gaw Capital to use the Korean IDC market.
Gaw Capital Partners has recently signed agreements with IMM Investment Corp, a Korean exclusive equity firm, to take advantage of the Korea Internet data centre (IDC) market.