Chinese-owned data centre provider Global Switch Australia will be acquired by asset manager HMC Capital for $2 billion, more than four years after federal government agencies were told to stop using its services over national security concerns. On Thursday morning, HMC Capital announced a $300 million raise with institutional investors for its its purchase of…

The post China-linked investors offload Sydney data centre for $2b appeared first on InnovationAus.com.

This post was originally published on InnovationAus.com.