Friday, November 22, 2024

EdgeConneX Makes Strategic Investment in Chayora as Global Market Development Focus Moves to China

EdgeConneX, the pioneer in global Hyperlocal to Hyperscale Data Center Solutions, announces that it has made a strategic investment in Chayora, a leading data center provider in China. The partnership with Chayora provides EdgeConneX with data center offerings in Beijing and Shanghai, two of the largest markets in China, along with the ability to scale out Chayora’s platform to other major markets throughout mainland China. The EdgeConneX global footprint spanning 50 markets across four continents, combined with Chayora’s data center offerings in China, provides a worldwide platform for data center customers requiring either hyperlocal edge capacity that is highly proximate to their end users or hyperscale capacity built to suit customers’ unique specifications.

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“Over the last ten years, EdgeConneX built out its global data center platform by working with our customers to give them the data center capacity where they want it, when they want it and at the scale they want it,” said Randy Brouckman, CEO of EdgeConneX. “As our customers look for solutions in the APAC region, it’s vital that we include a data center presence and team in China. The investment in Chayora provides EdgeConneX customers with an ideal data center partner that can support their digital infrastructure requirements in China. At the same time, the EdgeConneX global platform can support Chinese firms that have international requirements. It’s a win-win for customers as EdgeConneX and Chayora can provide a comprehensive data center platform domestically in China and internationally in any global market that can support a full spectrum of hyperlocal to hyperscale deployments.”

EdgeConneX’s strategic investment in Chayora marks another milestone for the company after having secured earlier funding from Actis, who will remain as the major shareholder in the company post the initial completion of the transaction. Thomas Liu, Partner of Actis, commented:

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