SoftBank negotiating deal to buy DigitalBridge Group: Report
SoftBank is negotiating to acquire DigitalBridge Group, strengthening its position in the growing digital infrastructure market.Summary
SoftBank Group is reportedly in talks to acquire DigitalBridge Group, a significant asset manager specializing in digital infrastructure. This potential acquisition would bolster SoftBank’s portfolio in a sector experiencing rapid growth and consolidation, particularly in data centers and telecom towers. DigitalBridge has been actively expanding its presence in Asia, recently partnering with KT in South Korea to develop AI data centers. SoftBank has demonstrated a commitment to data center investments, and this deal aligns with broader industry trends of consolidation and increasing demand for digital infrastructure. DigitalBridge has also been streamlining its portfolio, recently selling its Digita Group subsidiary.
(Source：Crypto Briefing)