Gaw Capital in partnership to tap into Korea Internet data centre market
The contracts will certainly see Gaw Capital make a critical investment in Dreammark1, a nine-storey IDC, along with establish a common tactical partnership with IMM Investment Corp to grow Dreamline, a Korean telecommunications provider that handles Dreammark1 as its subsidiary.
Internationally, Gaw Capital’s data centre profile consists of data centres in China, Indonesia, Japan, as well as now South Korea. The private equity company says that it will certainly continue to seek opportunities to develop its IDC visibility in South Korea.
“The rising interest for data centres in Asia Pacific continues to expand as a result of boosted Internet use driven by the pandemic,” claims Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.
According to a news release on April 26 introducing the offer, Gaw Capital says that this collaboration will additionally grow the Dreamline telecommunications company and notes the very first step for Gaw Capital to take advantage of the Korean IDC market.
Gaw Capital Partners has signed arrangements with IMM Investment Corp, a Korean exclusive equity company, to take advantage of the Korea Internet data centre (IDC) market.