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. (symbol: DBRG) is a preeminent global developer and alternative asset manager focused on digital infrastructure investments. The company's mission is to provide essential capital and operational expertise for businesses across the digital ecosystem. DigitalBridge's platform spans a comprehensive array of digital infrastructure assets, including cell towers, data centers, fiber networks, small cells, and edge infrastructure.
One of the core strengths of DigitalBridge is its ability to turn real-world environments into precise digital models using advanced computer vision technology. This innovative platform allows users to take a picture of a room and automatically recognize its walls, floors, ceiling, objects, and lighting conditions. Customers can then visualize new wall and floor decorations, as well as furnishings, within their actual rooms. This process enhances interior design planning without needing any in-room markers.
The company has demonstrated a solid track record of success through strategic investments and partnerships. DigitalBridge's recent collaborations with industry leaders, such as Intel and Vantage Data Centers, highlight its role in the ongoing evolution of digital infrastructure. These partnerships aim to support the development of cutting-edge technologies and improve the resilience and efficiency of digital networks globally.
Financially, DigitalBridge is positioned robustly within the market, attracting significant investor interest due to its focus on high-growth sectors. The company's active involvement in transformative projects ensures a substantial positive impact on the digital economy. DigitalBridge continues to innovate and expand its portfolio, maintaining a strong commitment to driving growth and value for its stakeholders.
Through its integrated approach, the company delivers operational excellence and sustainable returns. Whether investing in formidable data centers or enhancing mobile connectivity with small cells, DigitalBridge remains at the forefront of the digital infrastructure landscape.
DigitalBridge Group (NYSE: DBRG) has appointed Yoshiaki Fujimori as Senior Executive Advisor to support its expansion in Japan and Asia-Pacific. Based in Tokyo, Fujimori brings over 40 years of leadership experience, currently serving as Chairman of Oracle Japan with board positions at Takeda Pharmaceuticals and Boston Scientific. His previous roles include President and CEO of LIXIL Group, Chairman and CEO of GE Japan, and various CEO positions at General Electric. The appointment follows DigitalBridge's recent acquisition of a majority stake in JTOWER, strengthening its presence in Japan's digital infrastructure market.
DigitalBridge (NYSE: DBRG), a global alternative asset manager focused on digital infrastructure investments, has announced its financial results for the third quarter 2024. The company has made its earnings presentation available online and will host a conference call to discuss the results on Friday, November 1, 2024, at 8:00 a.m. EDT. A webcast of the presentation will be accessible through the company's website, with replay options available for those unable to attend the live call.
DigitalBridge Group (NYSE: DBRG) has announced an agreement to acquire Yondr Group, a global hyperscale data center developer and operator, through one of its managed investment funds. Yondr has over 420MW of capacity committed to hyperscalers and potential for over 1GW total capacity. The acquisition aims to meet increasing demand for data processing capabilities driven by AI, cloud computing, and digital transformation. Yondr will continue operating independently within DigitalBridge's portfolio, with the deal expected to close in early 2025.
OpticalTel, a leading provider of fiber-based broadband, cloud-based video, and digital telephone services, has rebranded to Fibernow. This move reinforces the company's commitment to delivering innovative technology, outstanding fiber products, and excellent customer service. Fibernow aims to empower customers by providing world-class fiber connectivity, focusing on bridging the digital divide, fostering local economic growth, and promoting sustainability.
The rebrand accelerates Fibernow's network expansion across Florida and beyond, supported by an investment affiliate of DigitalBridge Group, Inc. (NYSE: DBRG). Founded in 2004, Fibernow specializes in serving homeowners associations, residential communities, student housing, assisted living facilities, and businesses. The company has launched a new website, www.fibernow.com, offering enhanced service options and improved support systems.
DigitalBridge Group, Inc. (NYSE: DBRG) has successfully completed a tender offer for JTOWER Inc. (TSE: 4485), acquiring a 75.62% controlling interest for JPY 70.1 billion. The acquisition was conducted through DB Pyramid Holdings, , a special purpose entity owned by DigitalBridge-managed funds. DigitalBridge plans to take JTOWER private, with delisting expected in Q1 2025.
This strategic investment marks DigitalBridge's expansion into the Japanese digital infrastructure market. Justin Chang, Senior Managing Director at DigitalBridge, expressed excitement about the investment's potential to accelerate JTOWER's growth and enhance connectivity in Japan. Atsushi Tanaka, Representative Director of JTOWER, welcomed the partnership, citing DigitalBridge's expertise and financial backing as key to JTOWER's future growth and advancement of infrastructure sharing in Japan.
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.
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