Data Center News

Princeton Digital Group considers $400m fundraising ahead of potential IPO

According to reports from Bloomberg, Princeton Digital Group wants to raise funds from investors to the tune of $400 million. Princeton Digital Group invests, develops, and operates data centers across Asia in countries like Singapore, China, Indonesia, and India. It also has 18 data centers i...

June 28, 2021

Eric Bell

Princeton Digital Group

Singapore government and Facebook back $S17m project for sustainable tropical data centers

It has been announced that social media giant Facebook and the Singapore government are joining forces to fund a $17 million (S$23m) project to address the need to boost the number of sustainable data centers built in tropical climates. The programme is also being funded by Singapore's Nationa...

June 16, 2021

Singapore

Tesla establishes a data center in China to store car data locally

Tesla has announced the establishment of its data center in China. The data center opening comes as a response to the criticisms from Chinese authorities that the cameras on Tesla vehicles may be used for spying. In April, the Chinese Government published some rules about data collection by sm...

May 26, 2021

Eric Bell

China

Underwater data center moves ahead in Hainan China

Hainan Port’s investment Company, Hainan Xintou, announced that it would launch its commercial undersea data center. The data center will run in 100 airtight pressure vessels on the sea bed close to China’s Changjiang Nuclear Power Plant. Beijing Highlander, a marine specialist, tested the pro...

May 24, 2021

Eric Bell

China

GDS Holdings reportedly considering acquisition of GLP’s data centers

According to a report by Bloomberg, GDS Holdings is considering acquiring GLP Pte’s data centers business. The value of the assets is substantial and estimated to be between $8-10 billion. If the prospective deal goes forward, it will enable the Chinese firm to expand its footprint, while GLP ...

May 18, 2021

China

PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

Continued progress against an aggressive 300MW expansion plan Confirms completion of fully contracted 42MW Shanghai data center campus Largest international partner to domestic and international hyperscaler customers in China SINGAPORE & SHANGHAI--(BUSINESS WIRE)--Singapore-based Princet...

April 13, 2021

Eric Bell

Princeton Digital Group

Princeton Digital Group Announces Two Transactions in China and Singapore As Part of US$500 Million Growth Plan (PR)

Singapore and Shanghai, China – Singapore-based Princeton Digital Group (PDG), a Warburg Pincus-backed investor, developer and operator of internet infrastructure, today announced that it has acquired assets and land for data center development in China and Singapore, as part of a US$500 milli...

September 02, 2019

Eric Bell

Princeton Digital Group

PDG to Acquire Majority Stake in XL Axiata’s Data Center Portfolio in Indonesia (PR)

Singapore and Jakarta, Indonesia – Singapore-based Princeton Digital Group (PDG), a Warburg Pincus-backed investor, developer and operator of internet infrastructure, announced today that it has reached a definitive agreement to acquire a 70% stake in XL Axiata’s data center portfolio. XL Axia...

July 03, 2019

Eric Bell

Princeton Digital Group

First 1 . . . 4 5 6

Ready to Level up Your
Data Center Strategy?

Book a Consultation Now