Facts Fiction And Venture Capital Funding

HONG KONG, July 25, 2019 – Bain Capital as we speak introduced the merger of ChinData, a number one Chinese operator of campus-type, hyperscale information centres, and Bridge Data Centres, a wholesale and custom construct data centre company, to type one of many main pan-Asian data centre platforms. The new mother or father Company, ChinData Group, will proceed to function below the ChinData and Bridge brands respectively. Bain Capital acquired ChinData in May 2019 from Wangsu Science & Technology Co. Ltd and has owned Bridge Data Centres since 2017.The combined firm delivers hyperscale, wholesale and custom-construct information centre options to leading regional and world clients, with facilities in China, India, and Southeast Asia. The corporate presently has delivered over 100 MW of contracted capability and is still underneath continuous and full-speed improvement. Bain Capitals funding within the combined entity is funded from vehicles managed by Bain Capital Private Equity and Bain Capital Credit. Executing this multi-half deal and company mixture required long-term inventive thinking and financing over more than three years, starting with a greenfield growth in India, acquisitions in Southeast Asia, and the exploration of the hyperscale opportunity caused by the large needs amongst Internet, cloud and know-how firms in China. ChinData Group is poised to learn from the dramatic progress in demand amongst enterprises for cloud companies and the enlargement of opportunities in Asia for international cloud providers that require high efficiency mission crucial knowledge centre facilities.The mixed firm employs professionals with deep expertise and capabilities in knowledge centre design, growth, and facility operations. It expects to take a position additional capital to develop its footprint of wholesale and custom-build hyperscale solutions to greater than 300 MW over the next two years to turn into considered one of the largest impartial third-occasion data center platforms in Asia.Jonathan Zhu, co-head of Asia Private Equity for Bain Capital, mentioned: “This deal demonstrates Bain Capitals capabilities as a actually cross-regional, multi-asset class investment platform. The combined entity brings together the very best minds to energy the Asian data revolution, especially in China and India, the 2 largest and most promising markets globally. ChinData Group will be in a position to maneuver rapidly to serve customers on a pan-Asian regional foundation and construct a differentiated position available in the market.”Barnaby Lyons, a Managing Director and Head of Asia for Bain Capital Credit, mentioned: “This transaction showcases that Bain Capital, with each non-public fairness and particular situations teams, can provide a wide spectrum of options to companies in Asia on the lookout for progress capital.”
About Bain Capital Bain Capital (www.baincapital.com) has partnered closely with administration groups to supply the strategic resources that build great firms and assist them thrive since its founding in 1984. Bain Capital Private Equitys and Bain Capital Credits global groups of greater than 475 investment professionals create worth for its portfolio companies by its depth of experience in key vertical industries and world distressed and special situations platforms. Bain Capital has offices in Boston, Chicago, New York, Palo Alto, San Francisco, Dublin, London, Munich, Madrid, Luxembourg, Melbourne, Mumbai, Hong Kong, Shanghai, Sydney, Seoul, Guangzhou and Tokyo. Bain Capital invests throughout asset lessons including personal equity, credit, public equity, venture capital and actual estate, managing roughly USD 105 billion in complete and leveraging the firms shared platform to capture opportunities in strategic areas of focus.Bain Capitals proven operational experience and capability to leverage a completely integrated international team presents a big advantage for corporations trying to establish and execute alternatives to faucet into Asias excessive development markets. Bain Capital works with companies in Asia to realize their full potential and drive worth by operating improvements, progress strategies, M&A and carve-outs from bigger corporate companions, such because the current acquisition of Toshiba Memory Corporation from Toshiba.
About ChinDataChinData makes a speciality of delivering campus-fashion hyperscale knowledge centres to Internet, cloud and technology corporations in China. It owns and operates information centres in Shenzhen, Beijing, Zhangjiakou and Datong, with additional expansion deliberate throughout a number of places. The company has pioneered custom-construct designs suited to hyperscale customer necessities. Founded in Beijing and formerly owned by Wangsu Science and Technology Co, vc Funding ChinData focuses on the planning, investment, construction, testing and operation of excessive-performance data infrastructure. ChinData is an trade-leading carrier neutral IT infrastructure options supplier in China, focused on ecosystem planning, design, building, testing and operations. ChinData gives a full vary of companies for its clients, comparable to campus-type knowledge centers, internet services and IT worth-added business. Its customers include main monetary, internet, vc funding big information, AI enterprises as well as global hyper-scale cloud computing and expertise firms. Since its establishment in August, 2015, ChinData has rapidly constructed a cluster of hyper-scale IT infrastructure bases around the capital, the Yangtze River Delta, and the Greater Bay Area, with Beijing, Shanghai, and Shenzhen as core end markets, and more than 220 operators knowledge rooms in China. In the above-talked about regions, the company is involved in the development of the most fundamental level of infrastructure and assets. Its hyperscale information heart ecosystem is an engine for development of renewal energy and the green economy.ChinDatas world-class “edge computing data centers” and “hyperscale information centers” have respectively gained the primary Global HRA certificate for flexible internet solutions, the 2018 DCD Award for Global Edge Computing Data Center Innovation and the 2019 DataCloud Global Hyper-scale Innovation Award.
About Bridge Data CentresBridge is a wholesale and custom-build information centre options provider whose customers embody giant international enterprises and hyperscale cloud and know-how corporations with fast enlargement plans across the region. The company owns knowledge heart amenities in Malaysia and India while pursuing further alternatives in Southeast Asia. Established in 2017 to put money into greenfield tasks within the India market, Bridge serves clients in multiple trade sectors, together with financial institutions, know-how firms, authorities and extra not too long ago large cloud services suppliers, with best-in-class working and upkeep procedures to ensure the highest levels of uptime and reliability.

Interesting, thanks!
What is venture capital example?
Definition: Venture capital, also called vc funding (https://www.Reddit.com/r/Angel_VC), refers to the financing of a startup company by typically high-wealth investors who think the business has potential to grow substantially in the long run. Typically, VCs only invest in startup companies up to a certain percentage.

Isn’t that Romney’s company?

Looks like the inside of a Borg cube.

Article over 6 mos previous.

It was... I believed it was attention-grabbing, given the present atmosphere... Russian hackers and all...

Welcome to FR Clarence.

The Chinese have been utilizing it in opposition to us for over six months.

T.Y.

It does look like a borg cube.

So romney is soiled with ukraine and china additionally?

He protests a lot, that’s for sure.

Of curiosity mayhap.

Who do you think wanted TPP a lot?

Right you might be.

Makes perfect sense now.

Wonder who else is concerned and with what physical assets...

Story from 2011
"Mitt Romney Still Makes Millions of Dollars a Year from Bain Capital"

15 posted on 02/07/2020 8:08:38 PM PST by Just mythoughts
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To: Clarence The One Eyed Lion

sixteen posted on 02/07/2020 8:10:13 PM PST by dfwgator (Endut! Hoch Hech!)
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To: Clarence The One Eyed Lion
Hmmm... I assume that (in that elegant picture) they're aren’t still utilizing DOS 6.2...

PING Article and #10 So romney is dirty with ukraine and china additionally? ! Thanks, Black Agnes.

18 posted on 02/07/2020 8:20:06 PM PST by LucyT
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To: Just mythoughts
Thanks for that . . . one other one for the archives.

A few of those faces look familiar.