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ST Telemedia acquires stake in UK data-centre company

Its investment in Virtus Data Centres through its unit STT GDC gives it a foothold in the data-centre market there

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Virtus Data Centres was recently described by 451 Research Group as "one of the most innovative data-centre providers around" and shortlisted for the Data Centre Industry Leader Award at the Datacloud Awards 2015.

Singapore

ST Telemedia, a strategic investor in communications, media and technology businesses, announced on Wednesday its acquisition of a 49 per cent stake in UK's Virtus Data Centres.

The investment gives ST Telemedia its first direct entry into UK's data centre market, an...

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