SoftBank to Buy Data Center Investor DigitalBridge for $4bn

SoftBank Group plans to acquire digital infrastructure investor DigitalBridge for $4 billion.

DigitalBridge had around $108 billion of assets under management at the end of September, including AIMS, AtlasEdge, DataBank, Switch, Takanock, Vantage Data Centers, and Yondr Group. As of August, the company had 5.4GW of data center capacity in development or operation.

“As AI transforms industries worldwide, we need more compute, connectivity, power, and scalable infrastructure,” SoftBank founder Son said. “DigitalBridge is a leader in digital infrastructure, and this acquisition will strengthen the foundation for next-generation AI data centers, advance our vision to become a leading ASI platform provider, and help unlock breakthroughs that move humanity forward.”

DigitalBridge's CEO Marc Ganzi added: “The buildout of AI infrastructure represents one of the most significant investment opportunities of our generation.

“SoftBank shares our DNA as builders and long-term investors committed to scaling transformational digital infrastructure. Their vision, capital strength, and global network will allow us to accelerate our mission with greater flexibility, invest with a longer-term horizon on behalf of our investors, and better serve the world’s leading technology companies as they scale their AI ambitions.”