April 26, 2022 South Korea
Hong Kong’s real estate private equity company Gaw Capital Partners has made a considerable investment in Dreammark One. Gaw announced that it signed agreements with IMM Investment Corp to invest in the South Korean data center company through a fund under its management. The investment details...
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April 14, 2022 South Korea
The Korean Institute of Ocean Science and Technology is looking into developing data centers underwater. The South Korean government is funding the project to allow KIOST to develop a submarine working and living space for people. The project will cost up to 37.3 billion won ($30.8 million). In...
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March 31, 2022 Seoul
Alibaba Cloud has announced the opening of a new data center in Seoul, South Korea. The company first revealed plans for a South Korean cloud region last year. It currently operates 82 Availability Zones and 26 regions across the globe. Alibaba’s head of Cloud Intelligence for Japan and Korea,...
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March 21, 2022 Seoul
Pacific Asset Management and Canada Pension Plan Investment Board have formed a joint venture for the sole purpose of developing a hyperscale data center in Seoul, South Korea. The two companies announced that they would be investing KRW 200 billion (US$164.4 million) to develop the largest...
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March 01, 2022 Seoul
Singapore’s SC Capital Partners (SCCP) has announced the launch of a new data center firm. The real estate investment firm says it will be developing hyperscale facilities across Asia. Zeus Data Centers, backed by SCCP, launched its website and social media pages in the summer. Reports show that...
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November 02, 2021 South Korea
OneAsia, a Hong Kong-based data center firm, is expanding out of Greater China. The firm is planning to build a data center in Busan, South Korea. OneAsia says the data center will be developed in the Mieum Industrial Park in Busan-Jinhae Free Economic Zone. The data center campus will cover up...
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