ST Telemedia
{{Short description|Singaporean investor}}
{{Use dmy dates|date=January 2022}}
{{multiple|
{{COI|date=June 2018}}
{{third-party|date=June 2018}}
{{advert|date=August 2017}}
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{{Infobox company
| name = ST Telemedia
| logo = Company_logo_of_ST_Telemedia.jpg
| location = Singapore
| industry = Communications, Media and Technology
| subsid = ST Telemedia Global Data Centres India
| homepage = {{url|https://www.sttelemedia.com/}}, {{url|https://www.sttelemediagdc.com/}}
}}
ST Telemedia (STT) is a Singapore-headquartered strategic investor specialising in Communications and Media, Data Centres and Infrastructure Technology businesses globally. It is represented in 15 countries, three continents across Asia Pacific, the US and Europe. It is a portfolio company of Temasek Holdings. In 2016, the company refreshed its corporate identity, adopting a new logo and streamlined business name ST Telemedia.{{cite web|url=http://www.sttelemedia.com/newsletter/read/october-2016-issue-45|publisher=TelemediaWorld|title=ST Telemedia Unveils New Corporate Identity|access-date=31 May 2017}}
Business activities
STT's investment portfolio is centred on three business segments across the digital value chain – Communication & Media, Data Centres, and Infrastructure Technology.{{cite web|url=http://www.sttelemedia.com/business-focus/overview/|publisher=ST Telemedia webpage|title=Business Focus|access-date=31 May 2017}}
= 2024 =
- In June 2024, STT GDC [https://media.kkr.com/news-details?news_id=108984f3-8a14-422d-8d9f-8edcbd8fc6b7 raised S$1.75 Billion] from KKR and Singtel.
- In December 2024, STT announced that it will be selling off a portion of its stake in U Mobile, holding a minority stake of about 20% upon completion of the transaction.{{Cite web |date=2024-12-05 |title=Confusion over Temasek's ST Telemedia stake size after it inks deal to pare down 'majority stake' in U Mobile to 20% |url=https://theedgemalaysia.com/node/736747 |access-date=2024-12-10 |website=The Edge Malaysia}}
= 2020 =
- In March 2020, STT announced the completion of its majority investment in CloudCover, a cloud-native service provider with presence in India and Southeast Asia.{{cite web|url=https://www.businesstimes.com.sg/technology/temaseks-st-telemedia-nabs-majority-stake-in-india-cloud-services-firm|title=Temasek's ST Telemedia nabs majority stake in India cloud services firm|publisher=The Business Times|date=10 March 2020}}
=2019=
- In January 2019, STT announced that it completed the acquisition of a majority stake in Cloud Comrade, a Singapore-based cloud computing company with presence also in Malaysia and Indonesia.{{cite web|url=https://www.straitstimes.com/business/companies-markets/temasek-unit-st-telemedia-takes-majority-stake-in-cloud-computing-firm|title=Temasek unit ST Telemedia takes majority stake in cloud computing firm|publisher=The Straits Times|date=24 January 2019}}
- ST Telemedia Cloud, a public cloud solutions provider across APAC was established.{{cite web|url=https://www.sttelemedia.cloud/|title=ST Telemedia Cloud|publisher=STT Cloud|date=31 January 2018}}
- Quantum Security, a portfolio company of STT announced its official entry into the AI and Cloud IT market.{{cite web|url=https://www.quantum.security/|title=Quantum Security website|publisher=Quantum|date=8 March 2019}}
- In October 2019, STT announced that it was taking a majority stake in Seattle-based cloud service provider 2nd Watch.{{cite web|url=https://www.businesstimes.com.sg/technology/st-telemedia-eyes-controlling-stake-in-us-cloud-service-provider-2nd-watch|title=ST Telemedia eyes controlling stake in US cloud service provider 2nd Watch
|publisher=The Business Times|date=10 October 2019}}
=2018=
- In January 2018, STT led in a new round of funding for Bespin Global, a cloud management company which helps enterprise customers in South Korea and China with cloud adoption.{{cite web|url=https://www.prnewswire.com/news-releases/st-telemedia-leads-us27-million-investment-into-bespin-global-300591028.html|title=ST Telemedia leads US$27 million investment into Bespin Global|publisher=PR NewsWire|date=31 January 2018}}
=2017=
- In November 2017, STT led in a new round of funding for Instart Logic, which created a cloud-based digital experience platform that enables brands to increase their online performance.{{cite web|url=https://techcrunch.com/2017/11/02/instart-logic-series-e/|title='Digital experience' company Instart Logic raises $30M for global expansion|publisher=TechCrunch|date=2 November 2017}}
- In April 2017, STT announced its investment in Dallas-based Armor, The First Totally Secure Cloud Company™, and became a joint lead shareholder with The Stephens Group.{{cite web|url=https://finance.yahoo.com/news/armor-announces-89-million-investment-110700161.html|title=Armor Announces $89 Million Investment from ST Telemedia|publisher=Yahoo Finance|date=5 April 2017}}{{cite web|url=http://www.todayonline.com/business/st-telemedia-invests-us-based-armor|title=ST Telemedia invests in US-based Armor|publisher=TODAY Singapore|date=5 April 2017}}{{cite web|url=https://techcrunch.com/2017/04/05/theres-a-new-buyer-on-the-security-tech-block-with-armors-89-million-new-round/|title=There's a new buyer on the security tech block with Armor's $89 million new round|publisher=TechCrunch|date=5 April 2017}}
=2016=
- In August 2016, STT unveiled a refreshed corporate identity to reflect its new strategic direction.{{cite web|url=http://www.sttelemedia.com/newsletter/read/october-2016-issue-45|title=ST Telemedia Unveils New Corporate Identity
|publisher=ST Telemedia|date=6 October 2016}}
- In June 2016, STT announced its lead investment in Moogsoft's Series C financing, giving the real-time IT Operation Analytics provider a boost to expand its global operations in Europe, Asia and Americas.{{cite web|url=http://techseen.com/2016/06/07/moogsoft-secures-30m-seriesc-funding/|title=Moogsoft secures $30M in Series C funding; aims global expansion|publisher=TechSeen|date=7 June 2016}}{{cite web|url=http://www.marketwired.com/press-release/moogsoft-raises-30m-in-series-c-funding-to-fuel-global-market-expansion-2131635.htm|title=Moogsoft Raises $30M in Series C Funding to Fuel Global Market Expansion|publisher=MarketWired|date=6 June 2016}}
- In May 2016, STT announced its strategic partnership with Tata Communications to expand data centre business in India and Singapore. The partnership involved a 74% majority stake acquisition of Tata Communications’ data centre business in India and Singapore by STT’s wholly owned subsidiary, ST Telemedia Global Data Centres (STT GDC). Tata Communications remains as a significant shareholder, holding the remaining 26% stake in the business. The acquisition of the data centres in India was completed in October 2016, while the acquisition of the data centres in Singapore completed in February 2017.{{cite web|url=http://www.sttelemedia.com/news/read/st-telemedia-and-tata-communications-enter-into-a-strategic-partnership-to-expand-data-centre-business-in-india-and-singapore|title=ST Telemedia and Tata Communications Enter into a Strategic Partnership to Expand Data Centre Business in India and Singapore|publisher=ST Telemedia|date=19 May 2016}}{{cite web|url=http://www.sttelemedia.com/news/read/st-telemedia-global-data-centres-readies-for-its-next-growth-phase-in-singapore|title=ST Telemedia Global Data Centres Readies for its Next Growth Phase in Singapore|publisher=ST Telemedia|date=13 February 2017}}
=2015=
- In August 2015, STT made its first investment in emerging technology verticals, leading a US$40 million financing round in Datameer, a big data analytics and visualization company based in San Francisco, California.{{Cite web|title = ST Telemedia invests in California big data firm Datameer|url = http://www.businesstimes.com.sg/technology/st-telemedia-invests-in-california-big-data-firm-datameer|publisher=Business Times Singapore|date = 19 August 2015}}{{Cite web|title = Datameer Takes Data Democratization Global with New $40 Million Investment|url = http://www.prnewswire.com/news-releases/datameer-takes-data-democratization-global-with-new-40-million-investment-300129698.html|publisher=PR Newswire|date = 18 August 2015}} Datameer is a big data analytics platform that helps companies create and extract value from enterprise data lakes.{{Cite web |title = Datameer's website: About Us |url= https://www.datameer.com/company/about-us/ }}
- In July 2015, STT announced a joint venture partnership where its portfolio companies STT GDC and StarHub agreed to build and develop MediaHub, a highly specialised telecommunications, media and data centre facility.{{Cite web|title = ST Telemedia acquires significant stake in MediaHub|url = http://www.datacenterdynamics.com/content-tracks/design-build/st-telemedia-acquires-significant-stake-in-mediahub/94503.fullarticle|publisher=Data Center Dynamics|date = 27 July 2015}}
- In June 2015, STT, through STT GDC, invested in VIRTUS Data Centres in the UK.{{Cite web|title = ST Telemedia acquires 49% stake in UK data centre provider Virtus|url = http://www.businesstimes.com.sg/companies-markets/st-telemedia-acquires-49-stake-in-uk-data-centre-provider-virtus|publisher=Business Times Singapore|date = 24 June 2015}}
- In March 2015, STT announced plans to build its flagship data centre, known as STT Defu, in Singapore.{{Cite web|title = ST Telemedia to build a new data center in Singapore|url = http://www.datacenterdynamics.com/content-tracks/design-build/st-telemedia-to-build-a-new-data-center-in-singapore/93575.fullarticle|publisher=Data Center Dynamics|date = 17 March 2015}}
=2014=
- In August 2014, STT re-entered the data centre market with its investment in GDS Services (GDS), a leading provider of advanced and high-availability data centre services in China.{{cite web|url=http://www.datacenterdynamics.com/news/st-telemedia-invests-40-stake-in-gds/88439.fullarticle|title=ST Telemedia invests 40% stake in GDS|publisher=Datacenterdynamics|date=15 August 2014}}
=2011=
- In May 2011, STT invested in Sky Cable, the Philippines' largest cable company and leading broadband service provider.{{cite web|url=https://www.sttelemedia.com/news/read/st-telemedia-invests-in-philippines-largest-cable-company-sky-cable-2|title=ST Telemedia Invests in Philippines' Largest Cable Company, Sky Cable|publisher=ST Telemedia|date=13 May 2011}}{{cite web|url=http://adobomagazine.com/singapores-stt-communications-acquires-40-stake-skycable|title=Singapore's STT Communications acquires 40% stake in SkyCable|publisher=Adobomagazine|date=13 May 2011}}
=2010=
- In March 2010, STT acquired a 33% stake in U Mobile, Malaysia's fourth mobile service provider.{{cite web|url=http://www.theedgemarkets.com/article/stt-invest-rm1b-u-mobile|title=STT to invest RM1b in U Mobile|publisher=The Edge Markets|date=16 March 2010}} It also took a 10% stake in VNPT Global, a subsidiary of VNPT Group, Vietnam's foremost full service telecommunications service operator.{{cite web|url=http://www.lightreading.com/services-apps/st-telemedia-invests-in-vnpt-global/d/d-id/675328|title= ST Telemedia Invests in VNPT Global|date=12 March 2010}}
References
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{{DEFAULTSORT:Stt Communications}}
Category:Investment companies of Singapore