Political tensions and land shortages can’t stop data center growth in Hong Kong, says Raymond Tong, CEO of SUNeVision, the city’s largest data center operator.
Blackstone, DigitalBridge, Digital Realty, and Equinix all reported to have expressed preliminary interest.
The first operator signs up for space, power, and water on a 2,100-acre site.
The transaction was unanimously approved by a special board committee at Switch and is expected to close in the second half of the year.
Switch’s market capitalization stood at about $7 billion as of Monday afternoon.
What is the role of bare metal servers in a world dominated by public cloud?
Switch is among the largest remaining listed data-center operators in the U.S.