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Digital Edge expands into South Korea with double DC acquisition

Digital Edge expands into South Korea with double DC acquisition
Digital Edge expands into South Korea with double DC acquisition
Between the transaction and subsequent expansions of the assets, Digital Edge expects to invest over US$120 million.
Seoul, South Korea
Credit: Dreamstime
Singapore-headquartered data centre operator Digital Edge has snapped up two data centres in South Korea in a major deal with Sejong Telecom, one of the country’s largest telco carriers.
Specifically, Digital Edge has entered into a definitive agreement to acquire Sejong Telecom’s data centre assets in an all-cash transaction. Between the transaction and subsequent expansions of the assets, Digital Edge expects to invest over US$120 million. ....

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Digital Edge to Expand Platform Footprint in South Korea

Digital Edge to Expand Platform Footprint in South Korea
Thursday, April 1, 2021 3:39PM IST (10:09AM GMT)
Acquires two data centers in South Korea and forms a long-term strategic alliance with Sejong Telecom

Singapore:

Digital Edge (Singapore) Holdings Pte. Ltd. (“Digital Edge” or the “Company”), a leading data center platform, established to transform the digital infrastructure in Asia and backed by Stonepeak Infrastructure Partners, today announced plans to expand its regional footprint to South Korea by entering into a definitive agreement to acquire Sejong Telecom’s data center assets in an all-cash transaction. At closing, Digital Edge will acquire one data center in Gangnam, Seoul and a Cable Landing Station facility in Centum City, Busan. The addition of these strategic assets, including their associated operations and customers, marks the Company’s initial entry into the ....

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Digital Edge to expand platform footprint in South Korea

Digital Edge to expand platform footprint in South Korea
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