Macquarie Technology chief executive David Tudehope will consider selling a majority stake in the company’s existing data centre assets among a range of options to fund the group’s new $3 billion data centre campus.
Macquarie Technology Group, which has a market capitalisation of $1.6 billion, was founded in 1992 as a telecommunication services company and began investing in large-scale data centres for tech giants and government clients in 2018.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com