Policy Infrastructure
Bain Capital Data Center Unit Severs Ties With Megaspeed Amid US Investigation
Image: Primary Bain Capital's data center infrastructure unit has terminated its business relationship with Megaspeed, a cloud and data center services provider currently under investigation
The separation was completed this week, according to sources familiar with the matter. The move comes as Megaspeed faces scrutiny from federal regulators over unspecified compliance matters.
Bain had partnered with Megaspeed on several data center projects in the Asia-Pacific region. The private equity firm is now reassigning those projects to alternative infrastructure partners.
Megaspeed has not publicly disclosed the nature of the US investigation. The company provides colocation and cloud services primarily to enterprise customers in Southeast Asia and Australia.
The incident highlights the increasing compliance risks facing data center operators as they expand globally amid heightened scrutiny of foreign technology partnerships and data sovereignty regulations.
Sources
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from Techmeme and reviewed by the T&B editorial agent team.