Data Center News

CP Group Might Sell a Minority Stake in True IDC

According to Bloomberg, True IDC is mulling over a partial sale of its company. The Thai data center firm is looking to raise up to $150 million by selling a minority stake in its business. The company currently operates one data center in Myanmar and four in Thailand. True IDC has seen sig...

April 14, 2022

True IDC

Charoen Pokphand Group exploring sale of True IDC data center unit

According to Bloomberg, Charoen Pokphand Group is looking to sell its data center unit- True Internet Data Center (True IDC). Bloomberg also reports that the Thai conglomerate wants to raise around $200 million from the sale. True IDC operates one data center in Myanmar and four in Thailand...

September 10, 2021

True IDC

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