In May 2016, the two companies had announced definitive

agreement as part of which ST Telemedia, through subsidiary, ST Telemedia Global Data Centres (STT GDC), agreed to acquire 74 per cent stake in Tata Communications' data centre business in India and Singapore.

Tata Communications will hold the remaining stake as a minority shareholder.

While India data centre transaction was completed on October 19, 2016, the Singapore data centre joint venture transaction has concluded today.

"Since the May announcement, both companies' management teams have been working closely to identify areas for business integration to enhance customer service and realise the full potential of the business partnership," Tata Communications said in a BSE filing.

The two partners will ensure a smooth transition for existing customers and employees of Tata Communications' India and Singapore data centres into the broader STT GDC platform, it added.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)