Colt to Expand Korean Co-Lo Footprint
The expansion grows Colt's space in the datacenter by almost one-third, in response to demand from international high-frequency trading firms.
The datacenter building is owned by Koscom, a subsidiary of the Korean Exchange (KRX). In March 2012, Japanese IT and datacenter services provider KVH─which Colt acquired in 2014 (IMD, Nov. 12, 2014)─partnered with Koscom and the Korea Ministry of Finance, allowing the vendor to provide proximity hosting services at the Busan facility.
Sooyoung Sung, Colt's Seoul-based Korea business head, says this represents the third co-location expansion since KVH began construction of its presence in the
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