Vantage Data Centers, a leading global provider of hyperscale data center campuses, recently announced its expansion into the Asia-Pacific market through two acquisitions.
DigitalBridge Investment Management, the company’s major stakeholder, along with participation from other existing Vantage investors, contributed an additional $1.5 billion in equity capital. Following the closing of both transactions, Vantage will offer data center services across Tokyo, Osaka, Melbourne, Hong Kong and Kuala Lumpur to hyperscale, cloud and large enterprise customers.
Vantage’s APAC expansion is anchored by two acquisitions. First, Vantage has acquired Agile Data Centers, a data center provider in the Asia-Pacific region developing greenfield hyperscale campuses totaling 168MW of critical IT load in Tokyo, Osaka and Melbourne. Second, the data center portfolio of PCCW, which DigitalBridge previously announced plans to acquire, will become part of Vantage upon the transaction closing. PCCW DC is one of the region’s leading data center businesses with approximately 100MW of existing and expansion critical IT load across multiple facilities in Hong Kong and Kuala Lumpur.
Sureel Choksi, President and CEO, Vantage Data Centers
Following successful expansions throughout the United States, Canada and Europe over the past three years, we are expanding to Asia Pacific to better serve customers on a global basis. The key to our global expansion has been finding well-aligned partners who bring local expertise, an established footprint, a strong management team and the ability to scale quickly.
Jon Mauck, Senior managing director of DigitalBridge Investment Management
As we continue building a global digital infrastructure platform, we recognized a strategic opportunity to combine the market penetration, expertise and strength of two valuable portfolio companies, Vantage and Agile, with the established foothold of PCCW DC to serve customers in this high growth region.
