BOCA RATON, Fla.–(Business WIRE)–DigitalBridge Team, Inc. (“DigitalBridge”) (NYSE: DBRG) today declared the acquisition of the facts center business enterprise of PCCW Ltd. by resources affiliated with DigitalBridge’s financial commitment administration system.
PCCW DC is one of the region’s top colocation information center firms, serving global hyperscale and huge business prospects by means of a fast growing community of services based mostly principally in Hong Kong, which is a long standing economic middle and critical connectivity hub for the entire Asia area. PCCW DC facilities allow worldwide hyperscalers, engineering provider suppliers, information and digital media, and economic providers companies to satisfy their powerful regional desire for storage, networking, and compute abilities in secure and dependable environments.
“As an knowledgeable investor in the world data centre sector, DigitalBridge’s skills investing in, setting up, and operating info facilities to the greatest expectations aligns flawlessly with PCCW DC’s following phase of improvement,” mentioned Marc Ganzi, President and CEO of DigitalBridge. “They are previously a top operator in the area and are poised for substantial advancement, with a powerful progress pipeline and appreciable growth capacity. This is a great platform for DigitalBridge to grow its regional existence though supporting a sturdy administration workforce concentrated on serving many of the same hyperscale and substantial organization consumers that DigitalBridge functions with on a world wide foundation.”
The transaction, which remains matter to customary closing conditions, is anticipated to close throughout the fourth quarter of 2021.
DigitalBridge (NYSE: DBRG) is a leading world-wide electronic infrastructure REIT. With a heritage of around 25 several years of investing in and running corporations across the digital ecosystem together with cell towers, facts facilities, fiber, compact cells, and edge infrastructure, the DigitalBridge workforce manages a $32 billion portfolio of digital infrastructure property on behalf of its limited associates and shareholders. DigitalBridge is headquartered in Boca Raton with critical workplaces in Los Angeles, New York, London, and Singapore. To master much more about DigitalBridge, go to www.digitalbridge.com.
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