SYDNEY/HONG KONG/SINGAPORE - Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial intelligence boom fuels demand for digital infrastructure.The intense pace of deals in the world's most populous region comes as countries and companies respond to booming demand for AI, calling for more data capacity, industry executives said.
A number of financial sponsors, including global investment powerhouse Blackstone Inc, are looking to acquire AirTrunk, which owns 11 hyperscale data centres in Australia and the rest of the region, sources close to the transaction said. Microsoft Corp last week said it would invest $2.2 billion over the next four years in Malaysia to expand its cloud and AI services across Asia.
Telkom Senior Vice President Investor Relations Ahmad Reza told Reuters on Wednesday that Telkom is open to strategic partnerships to bring its data centre business arm NeutraDC new capabilities and new markets. Goldman Sachs Asset Management , which invested in AirTrunk in 2017 before selling its stake to a Macquarie-led consortium three years later, has deployed more than $1 billion on data centre development in Asia over the past three years.
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