BW Digital Completes Acquisition of Hawaii
BW now owns 100% of the shares of Hawaiki, with the transaction having received its applicable regulatory filings and approvals.
“We are delighted to have received approval for our investment in Hawaiki and will now be doubling down on our new cable projects,” said Andreas Sohmen-Pao, president of BW Digital.
“These cables represent vital infrastructure for the deployment of technology in industry, research and the digital economy. And they are catalysts for social progress by connecting countries across oceans, facilitating digital trade just as ships in the past enabled physical trade.
In 2018, Hawaiki completed the Hawaiki Cable, a 15,000 km fiber optic submarine cable system linking Australia, New Zealand, American Samoa, Hawaii and the West Coast of the United States.
BW Digital’s strategy includes a series of complementary projects focused on the Asia-Pacific region, including Hawaiki Nui, the first undersea cable to directly interconnect Singapore, Indonesia, Australia, New Zealand and the United States. Unis, as well as Datagrid, a carbon-neutral hyperscale. data centre, powered by 100% green energy and located in Invercargill on the South Island of New Zealand.
“Our team is excited to complete this new chapter in the company’s history,” said Rémi Galasso (pictured), CEO of BW Digital and founder of Hawaiki.
“By capitalizing on Hawaiki’s existing assets, our strategy is to build an independent, carrier-neutral digital infrastructure platform that will meet the ever-increasing market demands for international connectivity and durable data storage.
Additionally, BW Digital is partnering with Chilean public infrastructure company Desarrollo País to develop the Humboldt Cable System that will connect Sydney to Valparaiso, Chile.