Wednesday 23 November 2022

DIGITALBRIDGE ACQUIRES STAKE IN AIMS GROUP FROM TIME DOTCOM

KUALA LUMPUR, Nov 22 (Bernama) -- DigitalBridge Group Inc (DigitalBridge) has acquired an ownership stake in data centre operator AIMS Group (AIMS) 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 (MYIX).

“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.

DigitalBridge managing director and head of Asia, Justin Chang, said the group is excited to partner with Time, which has a long heritage of building connectivity-linked businesses across Southeast Asia.

DigitalBridge is a leading global digital infrastructure firm headquartered in Boca Raton, Florida, and has key offices in New York, Los Angeles, London, Luxembourg and Singapore.

-- BERNAMA

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