Gaw Capital in partnership to tap into Korea Internet data centre market
“The surging interest for data centres in Asia Pacific remains to grow due to raised Internet usage driven by the pandemic,” says Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.
The arrangements will certainly see Gaw Capital make a strategic investment in Dreammark1, a nine-storey IDC, including establish a common calculated collaboration with IMM Investment Corp to grow Dreamline, a Korean telecommunications provider that handles Dreammark1 as its subsidiary.
Worldwide, Gaw Capital’s data centre profile comprises data centres in China, Indonesia, Japan, as well as now South Korea. The private equity company claims that it will certainly continue to look for possibilities to increase its IDC existence in South Korea.
According to a press release on April 26 disclosing the deal, Gaw Capital claims that this partnership will even more expand the Dreamline telecom company and marks the primary step for Gaw Capital to take advantage of the Korean IDC market.
Gaw Capital Partners has recently signed arrangements with IMM Investment Corp, a Korean personal equity company, to use the Korea Internet data centre (IDC) market.