Cloud infrastructure and hosted IT solutions provider Savvis and data centre solution provider Digital Realty Trust have formed a joint venture to buy a 165,000 sq ft property in Hong Kong.
The joint venture will provide next generation, large colocation and managed/cloud services, the companies said in a media statement.
The building, located at Tseung Kwan O Industrial Estate in New Territories, will reportedly be capable of supporting about 5.76 mW of IT load capacity.
“The combination of our complementary expertise will provide our other global customers with a one-stop-shop for their data centre services in Hong Kong,” said Michael F. Foust, chief executive officer of Digital Realty, in the statement. “Hong Kong is one of the most attractive, yet under-served, data centre markets in the world. We look forward to working with Savvis to meet the significant demand for high quality data centre services from multinational companies looking to expand their IT operations in one of the world’s most vibrant commercial centres.”
Commenting further on the joint acquisition, Savvis’ Asia managing director Mark Smith said: “Huge demand for managed services, colocation and cloud continues to drive our expansion efforts throughout Asia, and this joint venture helps us further address the high-growth Hong Kong market.”
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