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ST Telemedia eyes controlling stake in US cloud service provider 2nd Watch

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Published Thu, Oct 10, 2019 · 09:50 PM

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ST TELEMEDIA is looking to acquire a controlling stake in US cloud service provider 2nd Watch.

The investment, which is pending regulatory approval, will add to the firm's expanding cloud IT platform and allow it to participate in the US market. ST Telemedia, which is a unit of Temasek Holdings, is an investor specialising in communications, media and technology businesses.

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