Vantage Data Centers to Expand Into APAC with Two New Acquisitions

Vantage Data Centers has announced its expansion in the Asia-Pacific. The expansion is anchored by the acquisitions of Agile Data Centers and the data center portfolio of PCCW Ltd.

This acquisition of data centers will see Vantage take over Agile Data Centers' greenfield hyperscale campuses totaling 168MW of critical IT load in Tokyo, Osaka, and Melbourne, and also PCCW Ltd.'s 100MW of existing and expansion critical IT load across multiple facilities in Hong Kong and Kuala Lumpur. The closing of the two acquisitions is expected to be done in the fourth quarter of 2021.

"Following successful expansions throughout the United States, Canada and Europe over the past three years, we are expanding to Asia Pacific to better serve customers on a global basis. The key to our global expansion has been finding well-aligned partners who bring local expertise, an established footprint, a strong management team and the ability to scale quickly," said Sureel Choksi, president and CEO, Vantage Data Centers. "The combination of Agile and PCCW’s data center business does just that, and I’m thrilled to welcome Giles Proctor, Brian Groen and their highly talented teams to Vantage."

Giles Proctor will now head Vantage's APAC business as the company's president of the region. He was the president and co-founder of Agile Data Centers previously. Now, he will have 150 people to lead as the APAC head of Vantage Data Centers. After the closing of the transaction, Brian Groen will join Vantage as its senior vice president of APAC.

 

 

TNS Expands to 11 More Countries in Asia Pacific

Transaction Network Services (TNS) is widely known for providing a full suite of low latency services across the globe and has a strong presence in the Asia Pacific region. The company has now further expanded its presence by reaching 11 more countries in the region.

“The Asian financial markets include many of the world’s leading, as well as rapidly emerging, stock exchanges. Extending TNS’ presence and connectivity in Asia gives us the ability to offer traders access to these financial centers and exchanges simply, quickly and with a lower total cost of ownership,” said Tom Lazenga, TNS’ Vice President of Global Sales, in a statement.

Founded in 1990 in the U.S. and headquartered in Reston, Virginia, TNS provides an extensive portfolio of services to customers in more than 60 countries spanning the Americas, Europe and Asia Pacific.

The latest expansion of TNS has delivered lowest latency in the region. The company is making use of the lowest latency commercially available network links in the APAC region. This network is designed to deliver streaming of market data globally. It can deliver APAC sourced market data to the U.S. and the U.S. sourced market data to APAC.

With this expansion, TNS now offers coverage across 11 countries and 23 exchanges in Asia that is hugely benefitting the trading industry.