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 successfully acquired the telecom tower portfolios of two major Icelandic mobile network operators, Sýn and Nova, forming ÍslandsTurnar, the first independent tower company in Iceland. This strategic move supports the deployment of 5G networks, with both Sýn and Nova serving as long-term anchor tenants. The acquisition enhances DigitalBridge's presence in the Nordics, following their previous acquisition of Digita Oy in 2018, further consolidating their position in the digital infrastructure market.
Vantage Data Centers, backed by Digital Bridge Group, has successfully acquired PCCW Ltd.’s data center business, enhancing its platform with 100MW of capacity in Hong Kong and Kuala Lumpur. This acquisition marks a strategic move into the Asia-Pacific market, following Vantage’s earlier purchase of Agile Data Centers. With this expansion, Vantage now operates 23 campuses globally. The company has secured $1.5 billion in equity financing to support its growth in the APAC region where demand for digital infrastructure is rapidly increasing.
DigitalBridge Group (NYSE: DBRG) announced its participation in multiple upcoming investor and media conferences. Key events include:
November 30-December 3: Marc Ganzi will speak at the Wells Fargo TMT Summit on November 30 at 10:40 am ET.
December 6-8: Participation in the Raymond James Technology Conference with Ganzi speaking on December 6 at 2:10 pm ET.
December 14: Ganzi will also present at the Oppenheimer 5G Summit at 8:15 am ET. Webcasts available on the company website.
DigitalBridge Group announced an Early Exchange Agreement with certain noteholders to exchange approximately $106 million of its 5.75% Exchangeable Senior Notes due 2025 for shares of its Class A common stock. This is part of a total of $150 million exchanged from the original issuance. The adjusted exchange ratio accounts for interest savings, potentially issuing around 48.1 million shares. The exchange is expected to complete by November 24, 2021, while accrued interest payments of $2.2 million will also be paid in cash.
DigitalBridge Group (NYSE: DBRG) announced its participation in multiple upcoming investor and media conferences. Notable events include Nareit’s REITWorld from
DigitalBridge Group, Inc. (NYSE: DBRG) announced a $100 million investment from the International Finance Corporation (IFC) to enhance digital infrastructure assets in Brazil, Indonesia, and Malaysia. The investment includes $75 million already allocated to Scala Data Centers, EdgePoint Infrastructure, and Highline do Brasil, with an additional $25 million earmarked for future projects. This investment aims to improve digital connectivity and data center capacity, supporting economic growth in these emerging markets.
DigitalBridge Group (NYSE: DBRG) announced that Marc Ganzi, its President and CEO, has been appointed to the Nareit 2022 Advisory Board of Governors. Ganzi expressed his commitment to promoting the significant role of REITs in driving job creation, economic growth, and enhancing digital infrastructure. Nareit, representing REITs and real estate firms globally, welcomes Ganzi, who brings over 20 years of experience in the digital real estate sector. DigitalBridge manages a portfolio worth $38 billion, focusing on diverse digital infrastructure assets.
DigitalBridge Group reported strong third-quarter results for 2021, with total revenues reaching $252 million and a net income of $41 million or $0.08 per share. Core FFO was $2.0 million and AFFO amounted to $0.7 million. The company highlighted significant progress, having rotated $70 billion AUM in under three years, and achieved $8.1 billion in commitments for its second flagship fund, surpassing its target by 35%. DigitalBridge has nearly 100% of its AUM in digital assets, with revenue growth driven by an expanding digital portfolio and reduced corporate debt.
Vantage Data Centers has successfully raised
DigitalBridge Group (NYSE: DBRG) and Columbia Capital have agreed to acquire select assets from Superloop (Singapore) Pte. Ltd. and Superloop (Hong Kong) Limited for A$140 million. This marks DigitalBridge's first fiber investment in the Asia Pacific region and aims to address the growing demand for connectivity. The deal, expected to close in early 2022, showcases DigitalBridge's strategic partnership with Superloop and Columbia Capital, capitalizing on opportunities in the Singapore and Hong Kong markets.
FAQ
What is the current stock price of DigitalBridge Group (DBRG)?
What is the market cap of DigitalBridge Group (DBRG)?
What does DigitalBridge Group, Inc. do?
How does DigitalBridge's computer vision platform work?
What are some recent partnerships of DigitalBridge?
How does DigitalBridge support the digital ecosystem?
What types of assets does DigitalBridge invest in?
What is unique about DigitalBridge's digital modeling technology?
What makes DigitalBridge attractive to investors?
What impact does DigitalBridge have on the digital economy?
How does DigitalBridge ensure operational excellence?
Where can I find the latest news about DigitalBridge?
