Jan 29, 2026 | Posted by Abdul-Rahman Oladimeji
SoftBank has reportedly halted discussions over a $50 billion bid for US data center firm Switch. According to Bloomberg, SoftBank insiders are said to have raised concerns about financing the $50 billion deal, as well as the challenges it would have faced managing Switch’s large network of data centers.
Meanwhile, Switch has other irons in the fire, with Rob Roy’s firm said to be mulling an IPO that could value the business at up to $60 billion. The company was delisted from the public markets in 2022 when current owners DigitalBridge and IFM took the company private for $11 billion.
SoftBank plans to acquire DigitalBridge, the digital infrastructure investment firm that owns a majority stake in Switch, for $3 billion. This deal covers the DigitalBridge organization itself, not its assets under management, which include Switch and are valued at $108 billion.
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