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Big Data Exchange completed the acquisition of a 75% stake in Indonesian data center from Ooredoo for $300m.

Synopsis

Big Data Exchange, a data center, colocation and hybrid cloud solutions provider, completed the acquisition of a 75% stake in Indonesian data center from Ooredoo, a Qatari multinational telecommunications company, for $300m. "This partnership will fulfill the critical need for robust, world-class data centers in Indonesia and elevate this data center market while empowering enterprise and hyperscale digital transformation and growth. Indonesia's digital ambitions align with our ability to deliver transformation and support the market's needs and projected growth trajectory," Mayank Srivastava, BDx CEO.

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