Temasek looks to buy $1.77b data centre

Nextdc's data centres are in cities like Sydney, Melbourne, and Perth.

According to Deal Street Asia, citing a report by The Australian, Singapore’s state investor Temasek Holdings is reportedly looking to acquire ASX-listed Nextdc Ltd, a data centre services firm.

Founded in 2010 and headquartered in Brisbane, Nextdc provides data centre outsourcing solutions, connectivity services and infrastructure management software. It maintains a series of data centres in key Australian cities that include Brisbane, Canberra, Sydney, Melbourne and Perth.

As at 12 February 2018, the firm has a market capitalisation of $1.77b (A$1.71b). In the financial year 2017, Nextdc reported a profit estimated at $23.85m (A$23m), a substantial increase over the $1.87m (A$1.8m) profit it posted for 2016.

Read the full report here.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia