SoftBank Buys DigitalBridge for $4B in Data Center Push
Update: 2025-12-29
Description
SoftBank Group is acquiring DigitalBridge Group, a major data center player, for $4 billion. The deal, valued at $16 per share, aligns with SoftBanks push into digital infrastructure for AI. Shares of DigitalBridge surged 9.7% in early trading, reflecting investor excitement. The acquisition, expected to close in H2 2026, adds to SoftBanks data center portfolio, including potential talks to buy Switch for $50 billion. This move echoes SoftBanks past strategies, such as buying Fortress Investment Group for $3 billion in 2017, and funding the $500 billion Stargate project with OpenAI. Checkout Solipillow.com
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
