ASX-listed DXN Limited has entered into an exclusive global distribution licence agreement with Flow2Edge Holdings I Pte Ltd (“Flow2Edge”) for the marketing and export of DXN’s modular data center products.
FLOW2Edge is an edge product created by FLOW Digital Infrastructure (“FLOW”) which is founded by PAG Real Assets to develop a leading digital infrastructure platform across the Asia Pacific (APAC) region. This global distribution excludes Australia, DXN said in a statement.
Further, Flow2Edge will pay DXN AU$2,000,000 in exclusivity and licensing fees.
“The DXN team are immensely proud to partner with FLOW, a high growth and innovative digital infrastructure platform, to assist in its ambitions to grow its presence in the Edge data centre market. It’s a testament to the hard work demonstrated by the DXN team and validation of our products, solutions and customer-centricity. DXN has deployed modular data centres in 33 sites since inception with a total of 48 modules, predominantly into the Australian and Pacific markets. With this partnership, DXN will be able to expand into the high-growth APAC market with a solid partner. We are excited about 2023 and beyond.”
DXN has entered into an exclusive global distribution license agreement with FLOW2Edge targeting the international export market for DXN data centre modules. Flow2Edge will pay DXN AU$2,000,000 in exclusivity fees for an initial 10 year agreement for worldwide (excluding Australia) exclusivity for the marketing and distribution of DXN Modules.
Amandine Wang, Chief Executive Officer of FLOW said:
“This is an exciting opportunity for FLOW as we expand our footprint and enhance our capabilities to better serve our customers. This strategic partnership will enable us to leverage DXN’s superior Edge data centre design and construction expertise, allow us to efficiently manage our supply chain, and deliver EDGE-as-a-Service in the APAC region with the desired speed to market. This is a milestone for FLOW as we continue to invest in digital infrastructure to meet the rapidly growing demand across our markets.”
FLOW has plans to invest US$10 billion in digital infrastructure over the next several years.