Singapore-based Digital Edge acquires two data centers in Japan
The company now has six data centers in its portfolio.
Singapore-based data center platform Digital Edge has announced its acquisition of two data centers in Tokyo, Japan.
The company has signed agreements to acquire ComSpace I and ComSpace II, two fully-operational data centers located in downtown Nihonbashi and Shinjuku respectively, from Japan’s ARTERIA Networks Corporation (ARTERIA).
Representing Digital Edge’s third project in Japan and fourth in North Asia since its inception in 2020, the acquisition will boost the Company’s regional footprint to a total of six data centers in four key metros. This footprint includes three data centers in Tokyo, one in Seoul, one in Busan, and the development of a 12MW facility in Osaka that is scheduled to open in Q1 2022. Upon the completion of all transactions in Japan and the opening of the Osaka facility, Digital Edge will have invested in excess of $265.61m (US$200m) to offer customers more than 5,300 cabinets of data center capacity.
“Our goal is simple: to build an exceptional data center platform that enables customers to easily, efficiently and economically deploy their infrastructure to capture the business opportunities that Asia offers. We are thrilled to have achieved so much, in so short a time and in such strategic markets as Japan and Korea. I look forward to a long and successful partnership with ARTERIA, and to continuing to identify other opportunities to expand in line with market demands and better support our customers in their digital transformation journey,” said Samuel Lee, Chief Executive Officer of Digital Edge.
The transactions are expected to close in two phases. The first is already completed and the second phase closing expected in the second quarter of 2021, subject to customary closing conditions.