Princeton Digital Group Expands Singapore Footprint, Acquires Yahoo’s SG3 Data Centre
Yahoo Will Continue to Host Its Infrastructure at SG3, with PDG Investing Further to Run the Data Centre with Industry-Leading Efficiency as a Third-Party Operator
Princeton Digital Group, Asia’s leading data centre provider, recently announced the acquisition of Yahoo’s Singapore data centre, SG3. Yahoo will continue to host its infrastructure at SG3, with the former investing further to run the data centre with industry-leading efficiency as a third-party operator.
The site expands Princeton Digital Group’s footprint in Singapore, adding to the hyperscale data centre the company already owns and operates in the country. In addition, this acquisition also enhances the company’s SG+ ® strategy, which entails PDG’s industry-leading portfolio of data center campuses in Singapore, Batam, and Johor.
Princeton Digital Group Affirms Singapore Commitment While Expanding Reach
Through this acquisition, Asia’s leading data centre provider adds to its portfolio of more than 20 data centres and 1 Gigawatt (GW) capacity and further reaffirms the company’s commitment to Singapore, where it recently inaugurated its new global headquarters.
“The acquisition of Yahoo’s SG3 data centre is another illustration of PDG’s three-pronged investment strategy of greenfield development, carve-outs, and acquisition. Along with a strategic asset, we gain an important customer in Yahoo and additional capacity to serve PDG’s customers. Through this acquisition, we continue to be in alignment with Singapore’s strategy of unlocking additional data center capacity by driving greater energy efficiency at existing data centers,” said Rangu Salgame, Chairman, CEO, and Co-Founder of Princeton Digital Group.
“As we invest in key initiatives to drive growth and innovation, our partnership with Princeton Digital Group in Singapore will continue to support Yahoo’s global strategy,” said Aaron Lake, CIO & SVP, Platforms Engineering, at Yahoo.
