Data center developer Switch will be acquired by DigitalBridge and infrastructure investors IFM and taken private in an all cash deal valued at about $11 billion. The deal continues a trend in which public data center REITs have been bought by large investors and taken private.
DigitalBridge Launches VC Unit, Outlines Full Stack Investment Strategy
DigitalBridge has launched a venture capital arm that invests in tech startups as part of its evolution into a “full stack” platform that operates data centers, while also connecting investors with a range of opportunities to place capital in digital infrastructure.
Data Center Frontier is edited by Rich Miller, the data center industry’s most experienced journalist. For more than 20 years, Rich has profiled the key role played by data centers in the Internet revolution.