Digital Realty (NYSE: DLR) shares gave up ground Tuesday. The company purporting to be the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Bersama Digital Infrastructure Asia (BDIA), a leading Southeast Asian digital infrastructure platform, today announced the formation of Digital Realty Bersama, a 50-50 joint venture (JV) to develop and operate data centers across Indonesia. The JV extends PlatformDIGITAL® into the dynamic Indonesian market, directly supporting the acceleration and growth of its digital economy, which is driven by the country's young and digitally savvy population.
Bersama Digital Data Centres (BDDC), BDIA's leading Jakarta-based carrier-neutral data center platform, has been contributed to the JV and will now operate as Digital Realty Bersama. BDIA's major shareholders include Provident Capital Partners, Saratoga Investama Sedaya, a Macquarie Asset Management-led consortium, and Distro Hub.
BDDC has been led by an experienced management team, including Chief Executive Officer Angelo Syailendra, and Chairman Setyanto Hantoro, both of whom will continue as leaders of Digital Realty Bersama. Krishna Worotikan, former Country Chief Financial Officer of Microsoft Indonesia, has joined as Chief Financial Officer.
DLR fell 84 cents to $151.01.
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