August 20, 2018

AirTrunk to invest USD 621 million for data center expansion in Australia

The expansion seeks to cater to enterprises’ growing need for cloud-based data centers in the Asia-Pacific market.

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Singaporean data center firm AirTrunk are all set to expand their data center facilities in Sydney and Melbourne in Australia by raising USD 621 million. With this expansion, AirTrunk aims to cater to the growing needs of cloud-native customers in the APAC (Asia Pacific) region which is experiencing an all-time boom at present.

According to AirTrunk, enterprises in the APAC region are expanding their operations and need data center facilities that can support their cloud-based infrastructure. This facility, AirTrunk say, needs to be aligned with the enterprise’s cloud-architecture in order to comply with international standards.

With the large-scale investment at the two hubs in Australia, AirTrunk believe that they will take care of connectivity, storage and speed by providing data center services to small and large enterprises in the APAC market. They claim that in a bid to meet international standards, AirTrunk will be furnishing the hubs with the latest technology and state-of-the-art equipment.

AirTrunk claim that this move has been possible due to the financial backing of Deutsche Bank. Speaking about this expansion, Robin Khuda, Founder at AirTrunk, commented:

We saw a substantial amount of global interest in AirTrunk throughout the process and are delighted to complete this financing arrangement with Deutsche Bank.

Together with the new capital recently contributed by our shareholders, the new funds put us in a strong position to meet the growing demand from large cloud, content and enterprise customers in the Asia-Pacific region.

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