Sydney-based data centre business Airtrunk, which also operates in Japan, Malaysia, Singapore and Hong Kong, has signed a $24 billion deal with Blackstone.
Bosses have since showered over 330 Airtrunk employees with generous $65,000 bonuses, totalling about $22 million, ahead of Christmas.
Workers were reportedly informed about the spectacular cash splash yesterday.
The Blackstone deal has also rocketed founder and chief executive Robin Khuda among Australia’s richest people.
He will walk away with more than $1 billion in cash as a result of the acquisition.
Khoda said on LinkedIn it was “satisfying to share our financial success with our employees”.
“AirTrunk has given over 330 employees a one off A$65,000 bonus each, totaling approximately A$22 million (in addition to existing incentive programs) in recognition of their contribution towards the success of AirTrunk so far – the culmination of many years of hard work and sacrifice from our team,” Airtrunk said in an announcement.
“The bonus is one of many examples of how we recognise our people and empower them to reach greater heights.”
In October, AirTrunk made headlines after flying its workers to Bali for an all-staff conference.
It also ranked among the top 10 best places to work in Australia by Great place to Work because it offers staff “recharge days” and allows them to choose when, where and how they perform their best work.
The telecommunications company was founded in 2015 and its headquarters are in north Sydney.
It now operates 11 data centres in Sydney, Melbourne and across the Asia Pacific region.