Tech
SoftBank in talks to buy digital infra firm DigitalBridge
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SoftBank is in talks to acquire digital infrastructure firm DigitalBridge, a source familiar with the matter told Reuters on Friday, as the Japanese conglomerate seeks to tap the firm’s AI-linked portfolio.
The deal could be struck by the end of the year, the source said. DigitalBridge and SoftBank declined to comment.
Shares of DigitalBridge surged as much as 35%, hitting over a one-month high. The stock has slipped nearly 14% this year as of last close, giving the Boca Raton, Florida-based company a market value of $1.8 billion.
Bloomberg News…
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