Digital Edge completes its largest acquisition to date in Japan
Digital Edge (Singapore) Holdings Pte. Ltd. announced the acquisition of five data-center assets from Itochu Techno-Solutions (CTC) for a total purchase price of approximately $230 million (JPY26 billion), representing Digital Edge’s largest single investment in Japan to date.
Through this transaction, Digital Edge has added a further 5,000 cabinets and 18.5 megawatts (MW) of capacity to its Japan platform, bringing total MW capacity in Japan to approximately 38 MW. The five data centers are located in Tokyo, Yokohama and Kobe, and as part of the transaction, Digital Edge has also acquired the underlying real properties in four of the five locations in which it plans to pursue new greenfield opportunities to support its growing retail and hyperscale business in Japan.
CTC, one of the leading IT services companies and a publicly listed company on the Tokyo Stock Exchange, will remain an anchor customer across all five data centers, and it will work closely with the Di