NTT Global Data Centers gains £11.2m capital boost

NTT Global Data Centers Preparatory Corporation.jpg

NTT Global Data Centers (NTT GDC) has received a capital boost of 1.25 billion JPY ($11.2m) from four NTT companies.

NTT GDC oversees investment and asset-ownership functions for data centre construction. Established in November, the NTT Global Data Centers Preparatory Corporation has increased the NTT Group's capacity to respond to rising demand for data centres and has further strengthened data centre-related business within the Group.

AS part of the new 1.25 billion JPY capitalisation arrangement, NTT Com will now have a 60% stake in NTT GDC. Three other NTT Group companies - NTT Urban Development Corporation (20%), NTT Corporation (10%) and NTT Finance Corporation (10%) – make up the remaining shares in NTT GDC.

Going forward, these four companies will support NTT GDC in making efficient and flexible investments as well as financing and supporting operational systems related to data centre business, aiming to achieve globally standardised service specifications and centralised contract management for global customers.

Tokyo-based NTT GDC is led by CEO Ryuichi Matsuo, who is concurrently the head of data centre services for NTT Com.