Big Data Exchange (BDx) has formed a new data center venture in Indonesia with local partners.
The company this week announced a joint venture agreement, together with Indosat Ooredoo Hutchison and its subsidiaries, IT firm Lintasarta and telecoms company Starone Mitra Telekomunikasi (SMT) to establish a new 'data center and cloud-focused operation' in Indonesia.
The agreement is valued at $300 million, and marks BDx’s entry into the Indonesian data center market. The companies said the JV was formed to “meet Indonesia’s growing need for a higher level of global data center facilities.”
Whether this agreement is to develop new facilities or is the result of BDx acquiring Ooredoo's Indonesian data center business is unclear.
“This agreement adds a key Asia-Pacific market to BDx’s expanding data center portfolio,” said Braham Singh, CEO of BDx. “Indonesia’s rapidly growing and sustained demand for connectivity and cloud services continues to drive the need for data center solutions, providing the next strategic step in BDx’s footprint. BDx’s dedication to data center operational excellence and its commitment to sustainability will be reflected throughout every step of this venture.”
“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,” said Mayank Srivastava, Chief Development Officer of BDx. “Indonesia’s digital ambitions align with our ability to deliver transformation and support the market’s needs and projected growth trajectory.”
BDx has six facilities across China and southeast Asia in Guangzhou, Nanjing, Hong Kong, and Singapore. Indosat Ooredoo owns three data centers located in the Jakarta area.
