PE Firms Submit Bids to Acquire Data Center Company Global Switch

Private equity firms including EQT AB and KKR & Co. (KKR) are among bidders on a short list to buy data center company Global Switch. Gaw Capital, PAG and Stonepeak Partners were also selected to be in the next round of bidding for Global Switch, according to traders, who cited a Bloomberg report. Some bidders […]

South Korean Provincial Govt Sets Cargo Freight Rate with AI

Supply chain management and the freight industry are rapidly playing even bigger roles due to advanced technologies. And with the rapid pace of innovation, a new artificial intelligence (AI) solution has been developed by South Korean researchers which uses approximately 2 million big data records, including information on the day of the week, travel time, […]

Yahsat Hopeful on Revenue Growth on its Commercial Data & Satellite Telecoms Business

Al Yah Satellite Communications, also known as Yahsat is hopeful of strong revenue growth in its commercial data and satellite telecoms business, as the Abu Dhabi company prepares to launch its next satellite in 2023 and expand into new markets. “We will be expanding our reach to more markets and business segments expanding our revenue streams from […]

Cambodia? Data Center? Here’s Why.

“Cambodia huh.”  That was my initial reaction in finding out that investors were interested in the Southeast Asian country as a potential location for data centers. It wasn’t all that surprising- Southeast Asia as a region had always been a growing hotspot for the industry, but I wasn’t expecting to see Cambodia on the list. […]