ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

STACK Infrastructure Delivers First Data Center in Australia, Launching a Robust APAC Portfolio

SINGAPORE, Aug. 22, 2023 (GLOBE NEWSWIRE) -- STACK Infrastructure (“STACK”), the digital infrastructure partner to the world’s most innovative companies and a leading global developer and operator of data centers, today announced the completion of its first Asia Pacific (APAC) data center, located in Melbourne, Australia. The 36MW facility is strategically located on a scalable 72MW campus in one of APAC’s fastest growing markets for cloud service providers and large enterprises needing robust power, reliability, and scalability in the region. This is a significant milestone in STACK’s ongoing global expansion efforts to meet the world’s growing demand for scalable digital infrastructure and will be soon followed by additional APAC data center openings in Tokyo, Osaka, and Seoul.

Situated on 3.6 hectares and powered by a 105MW dedicated onsite substation, this 72MW campus features two purpose-built 36MW facilities with separate access points and diverse fiber entry points to accommodate multiple users with separation of security and services. Both buildings offer efficient air-cooling and flexibility to suit specific client technical, operational, and density requirements. The successful first phase 36MW delivery and the upcoming second 36MW development highlights STACK’s ability to provide scalable capacity supporting the rapid increase of client demand.

“We are proud to celebrate the opening of our first data center in Asia Pacific within the high growth hyperscale corridor of Melbourne,” said Pithambar (Preet) Gona, Chief Executive Officer of STACK APAC. “This first delivery, of many in Asia Pacific, underscores the harmony between STACK’s deep regional delivery expertise and its proven global development capabilities.”

STACK stands at the forefront of empowering cloud service providers and innovators with optionality to meet growth targets across the Americas, Asia Pacific, and EMEA. Recent worldwide developments include:

STACK’s rapidly growing offerings and expanding global footprint make it one of the largest private data center operators worldwide.

ABOUT STACK INFRASTRUCTURE
STACK provides digital infrastructure to scale the world’s most innovative companies. With a client-first approach, STACK delivers a comprehensive suite of campus, build-to-suit, colocation, and powered shell solutions in the Americas, EMEA and APAC regions. With robust existing and flexible expansion capacity in the leading availability zones, STACK offers the scale and geographic reach that rapidly growing hyperscale and enterprise companies need. The world runs on data. And data runs on STACK. For more information about STACK, please visit: www.stackinfra.com.

Media Contacts
Sammer Khalaf
press@stackinfra.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/795bede2-d9b1-4c3e-a4aa-b4a9f2c7b69a

https://www.globenewswire.com/NewsRoom/AttachmentNg/3dedbc16-f97d-4379-a88c-97491ff6d70e


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.