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HMC Capital: $1.3 Billion Global Switch Australia Acquisition

HMC Capital is a private investment firm founded in 2010 and headquartered in New York City. It focuses on strategic investments in real estate, private equity, and public markets.

According to reports, HMC Capital has announced plans to acquire Global Switch Australia in a deal valued at $1.3 billion USD to tap into the booming data center sector.

The report further mentions that it would establish a global digital infrastructure platform, which would include the data center operator and a new institutional unlisted fund.

Global Switch Australia is a leading provider of data center services in Australia, founded in 2002 and headquartered in Sydney. It offers secure, reliable, and carrier-neutral facilities.