Thematic: software JOIN BETA
 
  back to the issue
FEBRUARY 4, 2026
KKR-Singtel group (KKR) acquires STT GDC (ST Telemedia)
TARGET
STT GDC
ST Telemedia Global Data Centres provides colocation, connectivity, and support services across 95+ data centre sites in 12 markets in Asia-Pacific and Europe.
Deal valueUS$5.1B total consideration
OwnershipST Telemedia (prior owner); KKR, Singapore Telecommunications (Singtel)
Capital raisedS$1.75 billion
Headcount~2,029 FTEs
HeadquartersSingapore, Singapore
Leadership
Bruno Lopez, President and Group Chief Executive Officer
Sell-side advisor
ACQUIRER
KKR-Singtel group
KKR is a global investment firm offering alternative asset management across private equity, credit, real assets, infrastructure, capital markets, and insurance.
OwnershipPublicly traded (NYSE: KKR)
Headcount~4,200 FTEs
HeadquartersNew York, New York
Deal team
Leadership
Arthur Lang, Group CFO (Singtel)
Buy-side advisor
Spotted an error or advised on this transaction? Claim credit or send a correction
    MORE IN DEVTOOLS/INFRASTRUCTURE
Lovable acquires Sutro Developer ToolsSEP 18
Sutro – backend-generation platform using SLang, a purpose-built definition language, to produce production-ready APIs and backends without boilerplate, targeting developers and AI coding agents 
OpenAI acquires Glass Imaging AI Models & InfrastructureSEP 15
Est. $300M Deal Value · Glass Imaging – AI-powered computational photography software using neural networks trained per camera system to enhance smartphone images at capture, sold to device manufacturers 
LocalStack acquires WonderTwin AI Developer ToolsSEP 14
WonderTwin AI – stateful local behavioral twins of third-party SaaS APIs (Stripe, GitHub, HubSpot, Twilio, Clerk, PostHog and others) enabling developers and AI coding agents to test integrations offline without connecting to live APIs 
fal acquires Lucent AI Models & InfrastructureSEP 14
Lucent – Agentic AI creative platform for advertising teams that orchestrates generative media models from a plain-language brief, handling brand rules and edits automatically 
Yardi Systems acquires Sidero Labs Developer ToolsSEP 14
Sidero Labs – Talos Linux, an immutable API-managed open-source OS for Kubernetes, and Omni, a SaaS fleet management platform for deploying and operating Kubernetes clusters on bare metal, VMs, and edge hardware 
Alianza acquires Skribby Developer ToolsSEP 10
Skribby – meeting bot and multi-model transcription API platform enabling developers to deploy recording and real-time transcription bots into Zoom, Microsoft Teams, and Google Meet 
Browse the full register
 
Thematic: software SEARCH   CONTACT
© 2026 Thematic   |  Privacy Policy   |  Terms of Service
Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.