Cyxtera Technologies has announced it has agreed to a $3.4 billion acquisition by Starboard Value Acquisition Corp (SVAC). SVAC is a SPAC, which stands for "special-purpose acquisition company." SPACs have become popular vehicles to raise public money and then acquire real operating businesses...
Hong Kong is a Special Administrative Region of the People’s Republic of China. It has 260 islands and a long coastline of approximately 730 km (453.6 mile). The territory consists of around 1,104 square km. Hong Kong has a population of approximately 7 million people and an economy that is based on trade and services
Hong Kong's proximity to mainland China and free and open flow of information serves as a gateway for companies to set up infrastructure to serve the Chinese market.
The new data centers currently are clustered around industrial zones, which can be renovated factory buildings or industrial estates. A popular area for new data centers is the Tseung Kwan O Industrial Estate.
HK Telecom Infrastructure
Hong Kong is a major logistics hub for many industries including financial, trading, and telecommunication.
Hong Kong has a robust telecommunication infrastructure with 9 regional and trans-Pacific submarine cable systems, and more than 200 internet service providers licensed in Hong Kong, The city is also one of the 4 primary interconnection hubs in Asia Pacific region. The other Asian Internet peering hubs are Tokyo, Singapore, and Sydney
Large US Cloud Company Announcements
Major cloud companies are also building data centers in Hong Kong. Both Amazon Web Services and Google have recently announced new data center builds.
Notable HK Data Center Providers
- NTT Communications has nearly a quarter of the colocation market share in Hong Kong
- Equinix operates four sites with good network connectivity
- Global Switch operates one of the largest data centers in Hong Kong
- MEGA-i operated by SUNeVision at 399 Chai Wan is a major peering point and the center point of Network interconnection