STT GDC is acquired by KKR and Singtel

ST Telemedia Global Data Centres (STT GDC), a major data centre operator in Asia-Pacific, is being acquired by investment firm KKR and Singapore operator Singtel, in what is described as one of the largest digital infrastructure deals in Southeast Asia.

The buyers are taking control of STT GDC’s regional data centre portfolio, reflecting rising demand for cloud services and digital infrastructure in fast-growing Southeast Asian markets. Financial terms and detailed integration plans were not disclosed in the excerpt provided.