Welcome to our dedicated page for Digitalbridge Group news (Ticker: DBRG), a resource for investors and traders seeking the latest updates and insights on Digitalbridge Group stock.
DigitalBridge Group, Inc. (NYSE: DBRG) regularly issues news and updates that reflect its role as a global alternative asset manager focused on digital infrastructure. Company press releases highlight activity across the digital ecosystem, including investments in cell towers, data centers, fiber, small cells, and edge infrastructure, as well as fund milestones and strategic partnerships. This news page aggregates such announcements so readers can review how DigitalBridge communicates its strategy and platform developments over time.
Recent news items include the close of DigitalBridge Partners III, the firm’s third value-added digital infrastructure fund, with multi-billion-dollar commitments and co-investments, and early deployment into platforms such as Vantage Data Centers North America, Yondr Group, Orange Barrel Media, FiberNow, and JTOWER. Other releases describe DigitalBridge’s role as a major investor in hyperscale data center projects, including large campuses that support AI and cloud workloads, and its collaboration with KT Corporation in Korea through a memorandum of understanding to explore next-generation AI data centers.
DigitalBridge-related news also covers portfolio and platform transactions, such as the agreement for funds managed by an affiliate of DigitalBridge to sell Digita Group, a Nordic tower and broadcast infrastructure platform, to GI Partners, and the completion of a take-private acquisition of WideOpenWest, Inc. (WOW!) by affiliated investment funds of DigitalBridge and Crestview Partners. In addition, announcements describe a definitive agreement under which SoftBank Group Corp. plans to acquire DigitalBridge, subject to stockholder and regulatory approvals.
Investors and observers can use this news feed to review DigitalBridge’s public statements on fundraises, portfolio activity, strategic partnerships, and proposed corporate transactions, all of which illustrate how the company positions itself within the global digital infrastructure landscape.
DigitalBridge Group (NYSE: DBRG) will participate in two investor conferences in October 2021. On October 4, Marc Ganzi, President and CEO, will present at the Deutsche Bank 29th Annual Leverage Finance Conference at 4:15 PM ET. Then, on October 19, he will speak at the J.P. Morgan Third Annual Media and Communications Industry Panel Forum at 12:05 PM ET, where the company will also hold 1x1 investor meetings. Webcasts of these events can be accessed via the ir.digitalbridge.com/events website.
DigitalBridge Group, Inc. (NYSE: DBRG) announced that CEO Marc Ganzi will present at the 2021 RBC Capital Markets Global Tower and Wireless Infrastructure Virtual Investor Day on September 28, 2021, at 12:35 PM ET. The event will also include investor meetings. The keynote webcast will be accessible from the Company’s website. DigitalBridge is a leading global digital infrastructure REIT, managing a portfolio valued at $35 billion across various digital assets.
Scala Data Centers, founded by DigitalBridge Group (NYSE: DBRG), has announced the hiring of General Managers in Chile, Mexico, and Colombia as part of its internationalization strategy in Latin America. Guillermo Cipolla will lead operations in Chile, Dax Simpson in Mexico, and Dany Serrano in Colombia. Each has extensive experience in the data center sector, which Scala CEO Marcos Peigo emphasized as crucial for the company's growth. Scala aims to meet the increasing demand for digital services in the region with a commitment to sustainability.
DigitalBridge Group, Inc. (NYSE: DBRG) has partnered with ImpactData to establish secure colocation data centers at colleges, especially targeting Historically Black Colleges and Universities (HBCUs). This initiative aims to bridge the digital divide by providing advanced data infrastructure to underserved communities, enabling better access to educational resources and promoting digital transformation. ImpactData plans to invest over $1 billion in digital infrastructure over the next decade, enhancing connectivity and fostering innovation in education.
Vantage Data Centers expands into the Asia-Pacific market through two acquisitions, fueled by an incremental equity raise of
DigitalBridge Group (NYSE: DBRG) will participate in several investor conferences in September 2021. Key executives, including President and CEO Marc Ganzi, will hold meetings and presentations. Highlights include:
- September 9-10: Deutsche Bank Technology Conference
- September 13-15: Bank of America Media, Communications & Entertainment Conference, with Ganzi speaking on September 14
- September 20: Bank of America Global Real Estate Conference
- September 21-23: Goldman Sachs 30th Annual Communacopia Conference, with Ganzi presenting on September 22
DigitalBridge Group, Inc. (NYSE: DBRG) has announced a sale of its Wellness Infrastructure business for
Scala Data Centers, founded by DigitalBridge (NYSE: DBRG), has announced the launch of its Center of Excellence in Engineering (CoE) in Latin America. This initiative aims to streamline the management of design and construction for data centers, enhancing operational efficiency and reducing delivery times for customers. The CoE will house over 40 professionals and aims to develop cutting-edge data center technologies. Scala is investing in three new data centers in São Paulo, with a commitment to renewable energy supply until 2033, addressing the growing demand for digital access in the region.
DigitalBridge Group (NYSE:DBRG) has entered into an agreement to acquire a controlling stake in Vertical Bridge Holdings, the largest private operator of wireless communications infrastructure in the U.S. This acquisition aligns with DigitalBridge’s strategy to capitalize on the growing demand for 5G infrastructure and digital services. Vertical Bridge currently manages over 308,000 sites including over 8,000 towers. The transaction is subject to regulatory approvals and is expected to close in Q4 2021. Financial terms were not disclosed.
DigitalBridge Group, Inc. (NYSE: DBRG) announced its Q2 2021 financial results, reporting total revenues of $237 million and a GAAP net loss of $(141) million, or $(0.29) per share. Core FFO was $(4.8) million. The company highlighted its rebranding and transformation to a digital infrastructure-focused business, achieving $6.6 billion in commitments for its new flagship equity fund, DCP II. Digital AUM reached $36 billion, a significant 65% year-over-year increase. The company also plans to redeem $86.3 million of Series G preferred stock, reducing overall corporate liquidity costs.