Data centre owner and operator NextDC is cashing in on the exuberance for digital infrastructure sparked by the sale of AirTrunk to Blackstone, tapping investors for $750 million to fund NextDC’s expansion into Asia.
AirTrunk’s success in the region – where it operates data centres in Japan, Singapore, Malaysia and Hong Kong – helped propel the company to a $24 billion valuation based on last week’s deal.
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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
