Keppel T&T unit invests US$10m in US data centre startup

Singapore

A UNIT of Keppel Telecommunications & Transportation (Keppel T&T) has invested US$10 million in US-based data centre startup Nautilus Data Technologies Inc's Series C preferred stock funding.

The investment by Keppel T&T's wholly owned subsidiary, Keppel Data Centres, on Thursday represents about 24.1 per cent of the total issued shares of Nautilus, Keppel T&T said in Singapore Exchange filings on Friday.