DigitalBridge, JEXI Finalize Acquisition of NEC Data Centers in Japan
Summary
DigitalBridge Group, in partnership with Japan Extensive Infrastructure (JEXI), has completed the acquisition of selected data center assets from NEC Corporation in the Greater Tokyo and Kansai regions. This strategic transaction significantly expands DigitalBridge's digital infrastructure footprint in Japan, a market identified with compelling opportunities and strong structural tailwinds. NEC will remain an anchor customer, providing stable, contracted demand for the newly formed standalone platform. This marks DigitalBridge's second acquisition in Japan, reinforcing its commitment to developing digital infrastructure platforms responsive to local market demand. Traders will monitor the financial details of the acquisition and the operational performance of these new assets.
At the time of this announcement, DBRG was trading at $15.40 on NYSE in the Technology sector, with a market capitalization of approximately $2.9B. The 52-week trading range was $6.41 to $15.55. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.