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Business

Ayala, Japanese group ink pact for Internet data center

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The Ayala group and the IIJ group of Japan signed an agreement yesterday to set up an Internet data center with a capitalization of P800 million.

In a disclosure to the Philippine Stock Exchange, holding company Ayala Corp. said it has forged a joint venture with IIJ (Internet Initiative Japan) to establish Ayala Port Makati Inc., a state-of-the-art Internet data center that will provide comprehensive Internet services such as connectivity, server hosting and housing, and systems integration.

The joint venture brings together the resources and expertise of Ayala, the IT investment arm of Ayala Corp.; ALINet.com, the technology company of Ayala Land Inc.; and the IIJ group, including Crosswave Communications Inc.

The Nasdaq-listed IIJ is one of Japan’s leading Internet access and solutions providers. It has also built one of the largest backbone networks connecting Japan to the US, the Internet core of the world.

Ayala Port will also offer a host of value-added services that will provide its customers with a "one-stop-shop" solution no matter how varied and complex their technology requirements may be.

Its objective will be to allow any company to take advantage of the benefits of it with more efficiency than if they were to do it themselves without any experience to guide them at full capacity," the company said. – Conrado Diaz Jr.

vuukle comment

AYALA

AYALA CORP

AYALA LAND INC

AYALA PORT

AYALA PORT MAKATI INC

CONRADO DIAZ JR.

CROSSWAVE COMMUNICATIONS INC

INTERNET INITIATIVE JAPAN

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