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ImageONE and ReYuu Japan surge on basic agreement for joint AI-focused data center development
ImageONE Co.,Ltd. <2667> and ReYuu Japan Inc. <9425> are rebounding sharply. After the close of trading on the 24th last week, the two companies announced together with Wintest Corp. <6721>, abc Co., Ltd. <8783>, and FD (Kariya City, Aichi Prefecture), which operates industrial solar power generation businesses, that they have reached a basic agreement to establish a joint venture company aimed at developing and operating AI-focused high-performance data centers in Japan, prompting buying on the positive news.
By integrating their respective areas of expertise - infrastructure development, AI solutions, precision equipment technology, and data operations - the partners aim to provide next-generation high-performance data centers that will serve as AI infrastructure. They plan to establish a new company tentatively named "AI Data Partners" around May, adopting a scheme in which SPCs (special purpose companies) for individual projects will be set up under the joint venture. Centered on these SPCs, the plan is to implement project financing and fundraising from external investors, with data center business company acquisitions and business operations targeting approximately 10 locations in Japan as investment destinations.
(Note) The "◇" at the end of the title indicates an article containing multiple stock issues in the text.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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