financetom
Business
financetom
/
Business
/
I Squared-backed BDx aims to open a dozen more data centres in Indonesia
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
I Squared-backed BDx aims to open a dozen more data centres in Indonesia
Jan 14, 2025 5:24 PM

By Yantoultra Ngui

SINGAPORE, Jan 15 (Reuters) - BDx Data Centers, the

largest data centre operator in Indonesia, is aiming to open a

dozen data centres in the Southeast Asian nation with a target

of 250 megawatts of capacity within the next two years, it said

in a statement on Wednesday.

That is in addition to the fifth data centre the company

launched in Indonesia, Southeast Asia's largest economy, on

Wednesday. Financial details were not disclosed in the

statement.

BDx is an Asia Pacific data centre operator backed by

U.S.-headquartered infrastructure investor I Square Capital,

which manages over $40 billion in assets globally, according to

its websites.

BDx's expansion plans in Indonesia come at a time when

investor appetite for data centres is growing in Asia, driven by

demand for artificial intelligence and cloud computing-based

services.

BDx also said in the statement that it had partnered with

the Association of Indonesia Internet Service Providers to

enhance the country's digital infrastructure.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fundamental Global Units, Strong Global Entertainment to Merge in All-Stock Deal
Fundamental Global Units, Strong Global Entertainment to Merge in All-Stock Deal
May 31, 2024
10:40 AM EDT, 05/31/2024 (MT Newswires) -- Units of Fundamental Global ( FGF ) and Strong Global Entertainment ( SGE ) said Friday they have agreed to merge in an all-stock deal. Strong Global Entertainment ( SGE ) stockholders will receive 1.5 common shares of Fundamental Global ( FGF ) for each of their shares, according to a joint statement....
Integrated Wellness Acquisition Signs Definitive Merger Deal With Btab Ecommerce Group
Integrated Wellness Acquisition Signs Definitive Merger Deal With Btab Ecommerce Group
May 31, 2024
10:41 AM EDT, 05/31/2024 (MT Newswires) -- Integrated Wellness Acquisition ( WEL ) and Btab Ecommerce Group said Friday that they have agreed to a business combination that valued Btab at $250 million. Under the deal, a subsidiary of Integrated Wellness Acquisition ( WEL ) will merge with Btab, with the latter being the surviving entity. Integrated Wellness, a blank-check...
Why MongoDB Stock Is Moving Lower Friday
Why MongoDB Stock Is Moving Lower Friday
May 31, 2024
MongoDB, Inc. ( MDB ) shares are trading lower Friday after the company issued weak guidance for the upcoming quarter as well as fiscal-year 2025. The Details: MongoDB ( MDB ) reported financial earnings for the first quarter of fiscal-year 2025 after the market close on Thursday. The company reported adjusted EPS of 51 cent beating analyst estimates of 40...
Citi Trends Names Ken Seipel Interim Chief Executive Officer
Citi Trends Names Ken Seipel Interim Chief Executive Officer
May 31, 2024
10:30 AM EDT, 05/31/2024 (MT Newswires) -- Citi Trends ( CTRN ) said Friday it has appointed Ken Seipel as interim chief executive officer, effective June 2. Seipel will replace David Makuen, who stepped down as CEO but will serve as senior adviser to the CEO in the coming weeks to ensure a smooth transition, the company said. Shares of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved