Infratil to acquire a 80% stake in Console Connect from HKT for $160m.

Infratil, an infrastructure investment company, agreed to acquire a 80% stake in Console Connect, a software-defined interconnection platform, from HKT, a telecommunications company, for $160m. “Console Connect is a leading global software-defined interconnection platform, and this acquisition is a continuation of our conviction in the tailwinds of the digital infrastructure sector. It enables us to invest in building a next generation platform to support underlying growth in the demand for digital infrastructure and global connectivity solutions by enterprise and wholesale users," Jason Boyes, Infratil CEO.