Home / Business and Economy / Koch Weighs Selling Data Center Developer Edged
Koch Weighs Selling Data Center Developer Edged
28 Jul
Summary
- Koch Inc. is reportedly exploring the sale of its data center developer, Edged.
- Goldman Sachs has been engaged to assess interest in the potential sale.
- Edged was cofounded to develop projects for major hyperscale clients.
Koch Inc. is exploring the potential sale of Edged, a company it cofounded specializing in data center development. People familiar with the matter indicate that Koch has enlisted Goldman Sachs Group Inc. to evaluate interest from potential buyers.
Edged was established to construct data centers specifically designed for large hyperscale clients. The current exploration of a sale suggests Koch may be divesting from this sector.
The process is reportedly attracting multiple interested parties, though details remain confidential. Further developments are anticipated as Koch Inc. and Goldman Sachs continue their evaluation.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
