Canada's largest pension fund is set to acquire an 8.2% stake in CtrlS, a prominent technology company that manages over 15 data centers throughout India. This strategic investment underscores the pension fund's commitment to expanding its portfolio in the technology sector, particularly in the rapidly growing data center market in India. The acquisition is expected to enhance CtrlS's capabilities and support its expansion plans, reflecting the increasing demand for data services in the region. The deal is anticipated to be finalized in the coming months, marking a significant step for both the Canadian pension fund and CtrlS as they navigate the evolving landscape of technology infrastructure.
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Original from TechCrunch: Canadian pension giant joins race to fund India’s AI-fueled data center boom
Canadian pension giant joins race to fund India’s AI-fueled data center boom
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