Why Warburg Pincus is betting on Southeast Asia’s data centre market
EDC is a great data center service provider in Singapore and we’re excited to help them expand to Southeast Asia. The partnership with Warburg Pincus will allow them to build hyper-scale data centers which will be able to meet the demands of the rising demand for data storage as well as processing in the region. We’re confident that EDC can provide the same high level of service and performance that they are known as a result of their work in Singapore.
1. What exactly is the Evolution Data Centres?
Evolution Data Centres, based in Singapore, is a company committed to the creation of data centres. The company focuses on the construction of data centres across Southeast Asia. 2. Warburg Pincus: What’s it all about? Warburg Pincus is a leading global private equity firm. It has a particular focus on investing in growth companies. 3. What’s happening with Evolution Data Centres? The latest news about Evolution Data Centres is that the company is partnering together with Warburg Pincus to develop data centres in Southeast Asia. This partnership will enable the business to expand the growth of its region. 4.
2. How did Warburg Pincus get involved in the joint venture?
The joint venture formed with Warburg Pincus is all about building data centres for Southeast Asia. It is an excellent opportunity for the firm to expand its operations as well as increase its share of the market across the entire region. The joint venture can help the company better understand the demands of their customers and give them the best possible service.
A Short Summary
Warburg Pincus has committed $500 million for a joint venture with an Asia-based real estate developer, the New York private equity firm disclosed on Tuesday. This is its first acquisition from a billion investment fund that was raised in 2013 for investment in the region. The investment in real estate is the latest sign of Warburg Pincus’ continued interest in the market for real estate in Asia and has seen significant growth over the past few years thanks to strong economic growth and a burgeoning middle class. As Warburg Pincus has had a presence in Asia for over 20 years, it has been ramping up its investments within the region in recent time.