The company that keeps Facebook's 500 million members connected will spend up to A$350 million setting up shop in Australia next year.

Digital Realty Trust, the world's largest data centre provider and wholesaler, had selected Sydney as the site of its first Australian operation, according to Asia-Pacific chief Kris Kumar. The company had set its sights on local data centre acquisitions to complement ambitious regional growth plans, he said. "I'd like to see 10% of global revenue coming from Asia-Pacific in the next few years." Digital Realty teamed up with Macquarie Capital to bid for the NSW government's data centre consolidation project.

Source: The Australian

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