Gaw Capital in partnership to tap into Korea Internet data centre market
Gaw Capital Partners has recently authorized arrangements with IMM Investment Corp, a Korean private equity firm, to use the Korea Internet data centre (IDC) market.
The contracts will certainly see Gaw Capital make a calculated investment in Dreammark1, a nine-storey IDC, and establish a shared critical collaboration with IMM Investment Corp to grow Dreamline, a Korean telecom service provider that holds Dreammark1 as its subsidiary.
“The rising interest for data centres in Asia Pacific continues to expand due to enhanced Internet usage driven by the pandemic,” claims Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.
Worldwide, Gaw Capital’s data centre portfolio comprises data centres in China, Indonesia, Japan, as well as now South Korea. The exclusive equity firm claims that it will certainly continue to choose possibilities to grow its IDC presence in South Korea.
According to a press release on April 26 disclosing the deal, Gaw Capital claims that this alliance will certainly further increase the Dreamline telecommunications service and also notes the beginning for Gaw Capital to use the Korean IDC market.