Story image

Neo Telemedia signs joint venture with CNOOIT for data center technologies

02 Sep 16

Neo Telemedia will be forming a joint venture with China National Offshore Oil Information Technology Limited (CNOOIT) to provide new technologies and network functions to data centers across Asia.

The strategic cooperation framework agreement marks the start of the partnership, which will be used to develop markets across Hong Kong, Macau and other overseas locations.

CNOOIT's service network covers all Chinese territories and its waters. The company also has capacity to develop an IT industry chain including planning, design, electro-weak integration, IT and industrial automation/maintenance.

The new partnership will utilise Guangdong Bluesea to use CNOOIT's service network in conjunction with cloud computing and big data. Neo Telemedia expects services to reach internet data centers, big data applications, Internet+ and Industrie 4.0.

The company also says it aims to become a 'first class information-based enterprise' across China, driving business growth and delivering strong shareholder returns.

Neo Telemedia recently published its 2016 interim financial results, which brought the company HK$1,753,076,000 revenue. A significant percentage of its revenue came from the acquisition of technology companies, including data centers.

The company has also been involved with a number of segments such as WiFi access services, cloud computing, cross-business e-commerce, internet financing and peer-to-peer lending platforms.

It has also invested HK$1.1 billion in the Guangdong Bluesea data center, including the Zhuxishugu project in Jiangmen.

Data centre cybersecurity actions that most people overlook
Schneider’s Steven Carlini discusses ways to improve data centre cybersecurity that most people don’t think of until it’s too late.
Alibaba Cloud showcases commitment to Hong Kong
The company’s service capability in Hong Kong has doubled since it established its first data centre in the city in 2014.
5 tips to reduce data centre transceiver costs
Keysight Technologies' Nicole Faubert shares her advice on how organisations can significantly reduce test time and cost of next-generation transceivers.
The new world of edge data centre management
Schneider Electric’s Kim Povlsen debates whether the data centre as we know it today will soon cease to exist.
Can it be trusted? Huawei’s founder speaks out
Ren Zhengfei spoke candidly in a recent media roundtable about security, 5G, his daughter’s detainment, the USA, and the West’s perception of Huawei.
SUSE partners with Intel and SAP to accelerate IT transformation
SUSE announced support for Intel Optane DC persistent memory with SAP HANA.
Inspur uses L11 rack level integration to deploy 10,000 nodes in 8 hours
Inspur recently delivered a shipment of rack scale servers of more than 10,000 nodes to the Baidu Beijing Shunyi data center within 8 hours.
How HCI helps enterprises stay on top of data regulations
Increasing data protection requirements will supposedly drive the demand for Hyper-Converged Infrastructure solutions across the globe.