Sovereign cloud set to form part of AVM Cloud-TIME '3Cs of Digitalisation' strategy in 2023
AVM Cloud believes that cloud adoption, encompassing also sovereign cloud, is set to grow strongly in 2023.
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AVM Cloud believes that cloud adoption, encompassing also sovereign cloud, is set to grow strongly in 2023.
TIME dotCom Berhad subsidiary AVM Cloud Sdn Bhd has been growing strongly for the past decade and, today, is one of Malaysia’s leading cloud players on par – and even better – than some international brand names.
TWO interested parties have their eye on AIMS Data Centre, the prized asset of TIME dotCom Bhd, sources tell The Edge. They are US-based private equity firm KKR & Co Inc, also known as Kohlberg Kravis Roberts & Co, and Singapore-based private investment firm Tower Capital Asia, the sources say. Talk about a potential sale of the data centre was first reported in March this year, with the potential value pegged at US$500 million (RM2.2 billion) to US$600 million. When contacted, both TIME dotCom and KKR were tight-lipped on the matter.
KUALA LUMPUR, Jan 11 — TIME dotCom Bhd (TIME) is acquiring a 13-storey freehold office building together with 95 car park bays known as Bangunan KWSP Changkat Raja Chulan for RM62 million cash. In a Bursa Malaysia filing, TIME said the purchase will be made via its wholly-owned subsidiary AIMS...
The proposed purchase will enable TIME to expand its operational facilities