Data Center News

Gaw Capital Makes Significant Investment in South Korea's Dreammark One

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 det...

April 26, 2022

South Korea

South Korea Looking To Explore Efficient Underwater Data Centers

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). I...

April 14, 2022

South Korea

Alibaba Launches Data Center in Seoul, South Korea

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,...

March 31, 2022

Seoul

Pacific Asset Management and CPP Investments Are Teaming Up To Develop Hyperscale Data Center In 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 ca...

March 21, 2022

Seoul

SC Capital Partners Launches Zeus Data center Plans Hyperscale Facility in 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...

March 01, 2022

Seoul

OneAsia is expanding into 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 u...

November 02, 2021

South Korea

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