Overview
- People familiar with the matter say negotiations are ongoing and could yield a deal in the coming weeks or by year-end, though nothing is guaranteed.
- Both companies declined to comment on the reported talks, which remain unconfirmed.
- DigitalBridge shares jumped as much as about 35% on the reports, putting the company’s market value near $1.8 billion after a year-to-date decline.
- DigitalBridge manages roughly $108 billion in assets and holds stakes in operators including Vantage Data Centers, Zayo, Switch and AtlasEdge.
- Investor capital has been pouring into digital infrastructure tied to artificial intelligence, with McKinsey projecting up to $6.7 trillion in spending by 2030 and SoftBank involved in the $500 billion Stargate initiative.