NewsInfrastructure

Data center solutions providers Savvis and Digital Realty yesterday announced to form a joint venture to acquire a 165,000 sq ft (15,300 sqm) property in Hong Kong to provide co-location and managed services. The acquisition is expected to close in the second quarter of 2012.

The property is located at Tseung Kwan O Industrial Estate in New Territories, in the neighborhood of the data centers of Pacnet, Google, NTT Com Asia, Hong Kong Exchange and Clearing and HSBC.

Upon redevelopment, the building can support about 5.76 megawatts of IT load capacity.

"Hong Kong is one of the most attractive, yet under-served, data center markets in the world. We look forward to working with Savvis to meet the significant demand for high quality data center services from multinational companies looking to expand their IT operations in one of the world's most vibrant commercial centers," said Michael F. Foust, Digital Realty's CEO."

"As indicated in our recently published market survey, cloud computing and the trend towards outsourcing are continuing to drive significant demand for IT and data center services in Hong Kong," said Kris Kumar, senior vice president and regional head, Asia Pacific for Digital Realty. 

Savvis' joint venture with Digital Realty follows its recent announcements about the plan to launch of Savvis Symphony Dedicated private cloud and managed services in Hong Kong, to build a second data center in Singapore, the and the launch of Savvis cloud services in Japan.

Savvis is a US-based cloud infrastructure and hosted IT solutions provider, and a company of CenturyLink, the third largest telecommunications company in the US.