Non-binding MOU with Gateway DC for Data Centres

Key points

• Non-binding MOU for data centre collaboration
• Focus on Australia and potentially South East Asia
• X2M to provide environmental and energy management services

Full summary

X2M Connect Ltd. (ASX: X2M) has entered a non-binding Memorandum of Understanding (MOU) with Gateway Datacentres Pty Ltd (Gateway DC) to collaborate on the development of data centre infrastructure. The MOU, which is extendable for two years, focuses on marketing, sale, and delivery of data centre capability in Australia and potentially Southeast Asia. X2M will provide its data centre environmental and energy management services to support Gateway DC's data centre projects, while Gateway DC will assist X2M in delivering data centre capability to its potential customers.