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.
DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed services, has announced a $2.0 billion equity raise. The raise is led by AustralianSuper, Australia's largest superannuation fund, which committed $1.5 billion. Upon closing, AustralianSuper will become a significant minority owner of DataBank and join its board of directors. The capital raise included an additional $483 million from existing investors.
The investment will fund the build-out of more than 850MW of data center capacity across DataBank's portfolio, tripling its existing 330MW of power deployed. This expansion aims to meet the unprecedented demand for A.I., hyperscale cloud, enterprise, and large technology workloads. DataBank plans to expand its footprint across 65+ data centers in 27+ markets, including new campuses in Dallas, Culpeper, VA, and Atlanta.
The transaction is expected to close by the end of 2024, subject to customary closing conditions.
Open Opportunity Fund, a venture capital firm focusing on diverse-founded software companies, has announced Sháka Rasheed as its new General Partner. Rasheed, with extensive experience in financial services and technology, will lead capital development and portfolio value creation. His background includes senior roles at Bridgewater, Lazard, Citadel, J.P. Morgan, Salesforce, and Microsoft.
The fund has invested $100 million in 75 Black- and Latino-led tech companies, achieving seven exits. It's now raising Fund 2 to continue this strategy, addressing the disparity in venture capital funding for Black and Latino founders, who received less than 3% of VC funding in 2022 despite comprising over 30% of the U.S. population.
DigitalBridge Group, Inc. (NYSE: DBRG), a leading global alternative asset manager focused on digital infrastructure, has announced its participation in several upcoming investor and industry events in September 2024. Key executives from DigitalBridge and its portfolio companies will be present at these conferences, engaging in panel discussions, fireside chats, and investor meetings.
Notable events include:
- IPEM in Paris (Sept 9-11)
- Goldman Sachs Communacopia + Technology Conference in San Francisco (Sept 11)
- Platform Global 2024 in Antibes (Sept 11)
- RBC's 2024 Global Communications Infrastructure in Chicago (Sept 24)
- TMT M&A Forum USA in New York (Sept 25)
CEO Marc Ganzi will deliver a fireside chat at the Goldman Sachs conference, which will be available via webcast. Portfolio companies ExteNet Systems, Vantage Data Centers, and Vertical Bridge will also have representatives speaking at the TMT M&A Forum USA.
DigitalBridge Group, Inc. (NYSE: DBRG), a leading global alternative asset manager focused on digital infrastructure investments, has released its financial results for the second quarter of 2024. The company has made the earnings presentation available online and will conduct an earnings conference call and presentation on Wednesday, August 7, 2024, at 5:00 p.m. Eastern Time.
Interested parties can access the live webcast through the Shareholders section of DigitalBridge's website. For those unable to attend the live call, a replay will be available starting at 8:00 p.m. EDT on the same day. The earnings presentation and conference call aim to provide detailed insights into the company's financial performance and strategic direction in the digital infrastructure sector.
Aptum, a global infrastructure and cloud solutions provider, has announced a strategic partnership with 186Kloud, a UK-based technology services distributor. This collaboration aims to enhance cloud services across the United Kingdom, combining Aptum's expertise in dedicated infrastructure and managed solutions for Azure, AWS, and Google Cloud Platform with 186Kloud's industry knowledge.
The partnership will enable 186Kloud to offer Aptum's modern infrastructure, cloud platform, and cloud-native solutions to UK customers across various industries, including financial services, healthcare, retail, and manufacturing. This collaboration is expected to accelerate enterprise transformation, performance, and growth by providing customized solutions and leveraging Aptum's cloud-native platform engineering and operations expertise.
DigitalBridge Group (NYSE: DBRG) has announced it will release its financial results for the second quarter of 2024 after market close on Wednesday, August 7, 2024.
An earnings presentation and conference call will follow at 5:00 p.m. EDT the same day. The presentation will be accessible online via a webcast link available on the company's investor relations page.
Participants can join the call by dialing specific numbers ten minutes before the start time, and a replay will be available starting at 8:00 p.m. EDT on August 7, 2024, using the conference ID provided.
GiantLeap Capital, a tech-focused private investment firm, has announced an investment in Vantage Data Centers to support its North American and EMEA platforms. Vantage owns or controls 25 sites in these regions with more than three gigawatts of expected capacity. The investment, led by DigitalBridge Group (NYSE: DBRG) and Silver Lake, aims to drive $30 billion in additional development. Vantage plans to continue developing next-generation, energy-efficient, and sustainable data centers tailored for AI and cloud deployments. This investment underscores GiantLeap's commitment to transformative technologies in critical industries.
Vantage Data Centers has completed a $9.2 billion equity investment led by DigitalBridge Group (NYSE: DBRG) and Silver Lake, significantly increasing its capital raise by $2.8 billion. This investment is part of a total of $11 billion raised in the past nine months, aimed at driving $30 billion in data center development.
The funds will be used to support Vantage's growth across North America and EMEA, focusing on meeting the rising demand for cloud and AI capabilities. Vantage currently operates 34 hyperscale data centers globally and plans to expand further with energy-efficient and sustainable designs.
This significant funding underscores investor confidence in Vantage's ability to meet market demands and solidifies its position as a key player in the data center and digital infrastructure sector.
DigitalBridge Group, a leading global alternative asset manager specializing in digital infrastructure, announced participation in several key investor and industry conferences in June 2024. Senior executives will attend the Datacloud Global Congress in Cannes from June 4-6, with Managing Director Chris Moon and Operating Partner Josh Joshi speaking on panels about M&A and data center financing. CEO Marc Ganzi, President Ben Jenkins, and other senior management will also participate in the Morgan Stanley US Financials Conference and Goldman Sachs Digital Infrastructure Capital Markets Day in New York, highlighting their involvement in key discussions and 1:1 investor meetings.
DigitalBridge Group, Inc. reported its financial results for the first quarter of 2024, showcasing its dedication to investing in digital infrastructure. The company will hold an earnings conference call and presentation to discuss the results, with a webcast link available on its website. Additionally, an Investor Day is scheduled for May 13, 2024.