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DigitalBridge Group, Inc. - DBRG STOCK NEWS

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.

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DigitalBridge Group, Inc. (NYSE: DBRG) has successfully acquired AMP Capital’s global infrastructure equity investment management business, valued at $316 million. The rebranded entity, InfraBridge, comprises four investment funds with $5.6 billion in fee-earning assets under management, including $3.4 billion from Global Infrastructure Fund II. This acquisition enhances DigitalBridge's strategic roadmap, positioning it to capitalize on mid-market opportunities with an expected immediate earnings contribution. Damian Stanley will serve as Managing Partner, while Bernardo Vargas Gibsone is appointed Non-Executive Chair.

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DigitalBridge Group (NYSE: DBRG) announced participation in several upcoming investor conferences. From January 30 to February 1, executives will attend Metro Connect USA in Fort Lauderdale, FL, featuring key discussions on market growth and sustainability. On February 22-23, they will present at the Wells Fargo 26th Annual Real Estate Securities Conference in New York, focusing on private infrastructure investment. Finally, from February 27 to March 1, DigitalBridge will be at the Deutsche Bank Media, Internet & Telecom Conference in Palm Beach, FL, with CEO Marc Ganzi presenting on the 27th. DigitalBridge manages a $50 billion portfolio in digital infrastructure.

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DigitalBridge Group, Inc. (NYSE: DBRG) announced its upcoming release of Fourth Quarter & Full-Year 2022 financial results on February 24, 2023, before market opens. The company will host an earnings presentation and conference call at 10:00 a.m. ET the same day, accessible via their website. A replay will be available from 3:00 p.m. ET following the call. DigitalBridge, a leading global digital infrastructure firm, manages a $50 billion portfolio, focusing on digital assets such as cell towers and data centers. For further details, visit www.digitalbridge.com.

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DigitalBridge (NYSE: DBRG) has announced its executive participation in several key upcoming conferences. From January 1-3, Marc Ganzi, CEO, will engage in a fireside chat at Citi's 2023 Communications, Media & Entertainment Conference in Scottsdale, AZ. On January 15-18, Ganzi will deliver a keynote at PTC'23 in Honolulu, Hawaii. Additionally, on January 25-26, Matt Evans, Managing Director, will present at the TMT World Congress in London, UK, while Chris Moon will join a panel discussion. DigitalBridge is a global leader in digital infrastructure, managing a portfolio worth $50 billion.

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DigitalBridge Group (NYSE: DBRG) and IFM Investors announced the completion of their acquisition of Switch, Inc. for $34.25 per share, totaling approximately $11 billion. This transaction includes the repayment of Switch's outstanding debt. Switch's stock is now delisted following this acquisition. The partnership aims to leverage DigitalBridge and IFM's resources to enhance Switch's capabilities in data center infrastructure, focusing on sustainability and meeting growing enterprise demands.

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DigitalBridge Group (NYSE: DBRG) has announced participation in two key conferences. On December 1, 2022, Wilson Chung will engage in a Fireside Chat at Capacity Asia 2022 in Singapore, discussing the five-year outlook for network investment. On December 7, 2022, Warren Roll will speak at the GSMA Tower & Fibre Webinar at 11:00 am UK time. DigitalBridge is a leading global digital infrastructure firm with a $50 billion portfolio in digital assets, headquartered in Boca Raton and with a presence in major global cities.

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DigitalBridge Group (NYSE: DBRG) has announced the acquisition of a stake in AIMS Group from TIME dotCom, forming a new edge data center platform targeting Southeast Asia's growth markets. AIMS, a leading data center operator in Malaysia, provides interconnected environments for a diverse range of customers. The transaction is subject to closing conditions and is expected to finalize in 2023. DigitalBridge aims to leverage AIMS' robust development pipeline and expansion potential, enhancing its position in the digital infrastructure sector.

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DigitalBridge Group (NYSE: DBRG) announced its participation in several investor and industry conferences in November 2022. Key events include the Goldman Sachs CFO Conference on November 14 in San Francisco, where CFO Jacky Wu will attend, and the USTelecom Broadband Investment Forum on November 16, featuring CEO Marc Ganzi in a fireside chat. Ganzi will also participate in the Milken Institute Middle East and Africa Summit on November 17 in Abu Dhabi. Additionally, Brandon Amber will represent the company at the TowerXchange Meetup Asia and Capacity Asia in Singapore from November 29 to December 1.

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DigitalBridge Group, Inc. (NYSE: DBRG) reported its third quarter 2022 financial results, revealing total revenues of $297 million and a GAAP net loss attributable to common stockholders of $(63) million or $(0.39 per share. The Company noted Distributable Earnings of $39 million or $0.22 per share. The Board reinstated the common stock dividend at $0.01 per share, with payments made on October 17, 2022, and another scheduled for January 17, 2023. CEO Marc Ganzi stated that despite macroeconomic challenges, the Company's portfolio companies continue to show strong growth.

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Connectbase has successfully raised $21 million in its Series C funding round, led by DigitalBridge Ventures, part of DigitalBridge Group (NYSE: DBRG). The funding aims to improve platform capabilities and expand global digital services, driven by the growing demand for bandwidth. Existing investors, including Ascent Venture Partners and Harbert Growth Partners, also participated. Connectbase, serving 28 of the top 30 U.S. network operators, aims to automate connectivity processes and enhance user experience with new features and workforce growth.

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FAQ

What is the current stock price of DigitalBridge Group (DBRG)?

The current stock price of DigitalBridge Group (DBRG) is $12.57 as of November 4, 2024.

What is the market cap of DigitalBridge Group (DBRG)?

The market cap of DigitalBridge Group (DBRG) is approximately 2.2B.

What does DigitalBridge Group, Inc. do?

DigitalBridge Group, Inc. is an alternative asset manager that invests in digital infrastructure such as cell towers, data centers, and fiber networks.

How does DigitalBridge's computer vision platform work?

DigitalBridge's platform allows customers to take a photo of a room, automatically recognizing walls, floors, and objects to visualize new furnishings and decorations.

What are some recent partnerships of DigitalBridge?

DigitalBridge has recently partnered with Intel and Vantage Data Centers to advance digital infrastructure projects and technologies.

How does DigitalBridge support the digital ecosystem?

DigitalBridge provides essential capital and operational expertise to businesses within the digital ecosystem, enhancing digital infrastructure like cell towers and data centers.

What types of assets does DigitalBridge invest in?

DigitalBridge invests in assets such as cell towers, data centers, fiber networks, small cells, and edge infrastructure.

What is unique about DigitalBridge's digital modeling technology?

DigitalBridge's technology can convert real-world scenes into digital models, allowing users to visualize new room aesthetics without using physical markers.

What makes DigitalBridge attractive to investors?

DigitalBridge's focus on high-growth sectors within the digital infrastructure space and its successful track record make it an appealing option for investors.

What impact does DigitalBridge have on the digital economy?

By investing in and enhancing digital infrastructure, DigitalBridge plays a pivotal role in driving growth and innovation within the digital economy.

How does DigitalBridge ensure operational excellence?

DigitalBridge employs an integrated approach to deliver sustainable returns and operational excellence across its digital infrastructure investments.

Where can I find the latest news about DigitalBridge?

The latest news about DigitalBridge can be found on financial news websites, stock market platforms, and the company’s official announcements.

DigitalBridge Group, Inc.

NYSE:DBRG

DBRG Rankings

DBRG Stock Data

2.19B
173.70M
3.78%
97.51%
9.56%
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