Gaw Capital in partnership to tap into Korea Internet data centre market

Gaw Capital Partners has signed contracts with IMM Investment Corp, a Korean exclusive equity company, to tap into the Korea Internet data centre (IDC) market.

The arrangements will certainly see Gaw Capital make a tactical investment in Dreammark1, a nine-storey IDC, together with develop a shared tactical partnership with IMM Investment Corp to grow Dreamline, a Korean telecommunications provider that has Dreammark1 as its subsidiary.

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Across The Globe, Gaw Capital’s data centre profile consists of data centres in China, Indonesia, Japan, and also now South Korea. The private equity company claims that it will continue to choose opportunities to expand its IDC visibility in South Korea.

According to a press release on April 26 publicizing the offer, Gaw Capital claims that this partnership will certainly even more increase the Dreamline telecom service and marks the beginning for Gaw Capital to take advantage of the Korean IDC market.

“The surging need for data centres in Asia Pacific continues to grow due to increased Internet use driven by the pandemic,” states Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.

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