Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, what assessment she has made of the potential impact of the 2016 Chinese consortium acquisition of Global Switch on the company’s valuation and growth trajectory relative to the broader data centre market.
The Government does not assess or track the specific commercial valuation of individual companies in the data centre sector, such as Global Switch.
The data centre sector is a success story for the UK and is continuing to grow. It is critical to supporting the UK’s digital economy, underpinning AI adoption, cloud services and productivity across almost every sector.