DigitalBridge buys stake in AIMS Group


KUALA LUMPUR: DigitalBridge Group Inc has acquired an ownership stake in data centre operator AIMS Group from TIME Dotcom Bhd.

The US-based company said the deal, which is subject to customary closing conditions, is expected to close in 2023.

AIMS is a leading operator of highly-connected ecosystem-centric data centres, with its Kuala Lumpur flagship Menara AIMS facility anchoring the Malaysia Internet Exchange.

“AIMS’ facilities provide highly inter-connected environments to a diverse customer base, comprising domestic and international telecommunications carriers, major enterprises, hyperscalers and content distribution networks.

“It also operates a state-of-the-art purpose-built data centre campus in Cyberjaya and a new facility in downtown Bangkok,” DigitalBridge said in a statement. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih
FBM KLCI rebounds to hit fresh two-year high
Asian FX subdued after mixed US data; equities set for weekly gains
Global manufacturing activity recovery to continue gradually into 2024 - S&P Global
Country Garden plans to present debt revamp plan in second half, sources say

Others Also Read