Mubadala invests in Yonder to develop data centers

Mubadala Investment Company “Mubadala” announced its investment in the group “Yunder”, a global company specialized in the development of large data centers, as well as investment funds led by the “Apollo” Foundation.

Mounir Barakat, Senior Executive Director of Digital Infrastructure Investments at Mubadala, said: “This investment represents added value to our business portfolio in the area of ​​digital infrastructure, as we see strong growth in demand for solutions of large data centers, in response to the growing demand due to the expansion of companies in “Building the capabilities of artificial intelligence, 5G networks, and the Internet of things.” “

Yonder provides data center infrastructure to leading technology companies.