PDG expands its existing footprint in Singapore and enhances its SG+® strategy
Singapore August 13, 2024 – Princeton Digital Group (PDG), Asia’s leading data center provider, today announced the acquisition of Yahoo’s Singapore data center, SG3. Yahoo will continue to host its infrastructure at SG3, with PDG investing further to run the data center with industry-leading efficiency as a third-party operator.
The site expands PDG’s footprint in Singapore, adding to the hyperscale data center the company already owns and operates in the country. In addition, this acquisition also enhances PDG’s SG+ ® strategy which entails PDG’s industry-leading portfolio of data center campuses in Singapore, Batam and Johor.
Through this acquisition, PDG adds to its portfolio of more than 20 data centers 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 center 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 PDG.
“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.
About Princeton Digital Group
Princeton Digital Group (PDG) is a leading developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in Singapore, Japan, India, Indonesia, China, and Malaysia, its portfolio of data centers powers the expansion of hyperscalers and enterprises in the fastest-growing digital economies across Asia. For more information, visit www.princetondg.com or follow us on LinkedIn.
About Yahoo
Yahoo serves as a trusted guide for hundreds of millions of people globally, helping them achieve their goals online through our portfolio of iconic products. For advertisers, Yahoo Advertising offers omnichannel solutions and powerful data to engage with our brands and deliver results. To learn more about Yahoo, please visit yahooinc.com.
For more information please contact:
Princeton Digital Group
Selena Sheikh
[email protected]
PRecious Communications for Princeton Digital Group
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Yahoo
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