Singapore’s BDx Data Centers is open to an initial public offering (IPO) as it seeks capital to expand across Asia and capitalize on the surging demand for artificial intelligence (AI).
Expansion Plans
CEO Mayank Srivastava stated that all options are on the table, and the company is focusing on building new sites rather than acquisitions due to high takeover prices. BDx is looking at expansion opportunities across the Asia-Pacific region, with key considerations including power supply, market growth, and talent.
Indonesia is a key market for BDx, with the company having secured 1.2 gigawatts of grid power across two sites and started work on one site for a large customer.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.