▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

DigitalBridge to Acquire Yondr Group

DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced it has reached an agreement t...

Business Wire

Strategic Investment to Accelerate Global Hyperscale Data Center Growth to Meet Unprecedented AI Demand

BOCA RATON, Fla. & LONDON: DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced it has reached an agreement to acquire Yondr Group (“Yondr”), a global developer and operator of hyperscale data centers, through one of its managed investment funds (the “DigitalBridge Fund”).

Yondr has established itself as a key player in the digital infrastructure sector, addressing the complex data center capacity demands of the world's largest technology companies through the development and operation of sustainable data centers worldwide.

With a diverse portfolio of campuses, Yondr is well-positioned to meet the soaring demand for advanced data processing capabilities driven by ongoing digital transformation, the shift to cloud solutions, and the rise of artificial intelligence (AI). The company has more than 420MW of capacity committed to hyperscalers, with significant additional land to support a total potential capacity of over 1GW.

The DigitalBridge Fund’s strategic investment will drive the development of cutting-edge, sustainable data centers, backed by long-term, stable revenue streams from investment-grade clients.

"Yondr’s assets and strong relationships with leading hyperscale clients align with DigitalBridge’s vision to support the future of digital infrastructure," said Jon Mauck, Senior Managing Director at DigitalBridge. "Yondr enhances our existing data center portfolio and strengthens our ability to support hyperscalers. Together, we are well-positioned to capitalize on the increasing demand for hyperscale data centers – fueled by AI, cloud computing, and the ongoing digital transformation across industries."

Yondr will continue to operate as an independent company within DigitalBridge’s portfolio, leveraging DigitalBridge’s support, expertise, and experience. This partnership will enhance Yondr’s ability to serve its clients more effectively while accelerating global expansion efforts.

The deal is expected to close in early 2025, subject to customary closing conditions.

Citi served as Yondr’s exclusive financial advisor, with White & Case LLP as its legal counsel. DigitalBridge engaged Linklaters as legal advisors, Deloitte for financial and tax due diligence, Ramboll for technical expertise, and Nomura for financing support.

About DigitalBridge

DigitalBridge (NYSE: DBRG) is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, the DigitalBridge team manages over $84 billion of infrastructure assets on behalf of its limited partners and shareholders. For more information, visit: www.digitalbridge.com.

About Yondr Group

Yondr Group is a global developer, owner, and operator of hyperscale data centers. The company specializes in delivering and operating dedicated infrastructure that is engineered for scale. As an organization, our mission —'Global capacity responsible delivery'— ensures that we achieve our vision of a tomorrow without constraints. For more information, visit www.yondrgroup.com.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

SeniorMatch Enhances Dating Safety with Advanced Privacy Features for…

As online dating continues to gain popularity among seniors, the importance of privacy and data security has become a growing concern. Recent incidents,…

Booz Allen Hamilton to Host Conference Call to Discuss Third Quarter Fiscal…

$BAH--Booz Allen Hamilton Holding Corporation (NYSE: BAH), the parent company of management and technology consulting firm Booz Allen Hamilton, will host…

Vietnam's Cashback Programs Set to Reach US$4.07 Billion by 2029 Amidst…

The "Vietnam Cashback Programs Market Opportunities Databook - 50+ KPIs on Cashback Market Size, By Business Model, By Channel, By Cashback Program Type,…

Appriss Retail Annual Research: Fraudulent Returns and Claims Cost Retailers…

Appriss Retail, a leading provider of data and analytics solutions for reducing retail losses and combating return and claim fraud, has released the annual…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!