Global digital infrastructure investor DigitalBridge has agreed to be acquired by Japanese multinational investment firm SoftBank in a $4bn (€3.4bn) deal.
SoftBank is acquiring NYSE-listed DigitalBridge in an all-cash transaction at $16.00 per share, marking a 15% premium to its last close.
DigitalBridge – with a total enterprise value of approximately $4bn – manages a diverse portfolio of digital infrastructure assets, such as data centres, fibre networks and edge infrastructure.
DigitalBridge’s global reach and specialised sector knowledge are expected to enhance SoftBank’s ability to originate, finance and expand digital infrastructure assets globally.
Masayoshi Son, chairman and CEO of SoftBank Group Corp, said: “As AI transforms industries worldwide, we need more compute, connectivity, power, and scalable infrastructure.
“DigitalBridge is a leader in digital infrastructure, and this acquisition will strengthen the foundation for next-generation AI data centres, advance our vision to become a leading ASI platform provider, and help unlock breakthroughs that move humanity forward.”
Marc Ganzi, CEO of DigitalBridge, said: “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.”
Following the transaction’s close, DigitalBridge will remain a separately managed platform under the leadership of Ganzi.
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