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Digitalbridge

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DigitalBridge to buy ArcLight in $1.05B deal, expanding data-center and power assets
business5 hours ago

DigitalBridge to buy ArcLight in $1.05B deal, expanding data-center and power assets

DigitalBridge Group agreed to acquire ArcLight Capital Partners in a deal valued at about $1.05 billion (reported as $1.1 billion), expanding its portfolio of data centers and other digital infrastructure. ArcLight owns a large private power-generation portfolio (about 20.8 GW as of June 2025) and a roughly 15-GW project pipeline, with significant PJM exposure, and would operate as a separately managed unit within DigitalBridge. The transaction is contingent on closing conditions including antitrust/regulatory approvals and a SoftBank affiliate’s separate purchase of DigitalBridge.

via Utility Dive|
#acquisition#arclight-capital-partners#business
DigitalBridge to Acquire ArcLight, Forming a Leader in AI-Driven Digital Infrastructure
business10 hours ago

DigitalBridge to Acquire ArcLight, Forming a Leader in AI-Driven Digital Infrastructure

DigitalBridge announced a definitive agreement to acquire ArcLight for up to $1.05 billion (base $650 million, with up to $400 million in contingent consideration), creating a leading alternative asset manager at the convergence of power, AI, and digital infrastructure. ArcLight will operate as a separately managed business within DigitalBridge; completion is contingent on regulatory approvals and the closing of SoftBank Group’s pending DigitalBridge acquisition. The combined platform will manage more than $150 billion in assets; ArcLight brings 70 GW of generation assets and 48,000 miles of transmission/storage, plus an extensive development pipeline. Leadership changes include ArcLight founder Daniel Revers becoming DigitalBridge Vice Chairman; Angelo Acconcia as Managing Partner of ArcLight; and Jake Erhard as Senior Partner. The deal aims to accelerate investment in compute, connectivity, and power for AI infrastructure across North America and beyond.

via Business Wire|
#acquisition#ai#alternative-asset-manager
SoftBank Nears $4 Billion Deal to Acquire DigitalBridge Data Center Firm
business4 months ago

SoftBank Nears $4 Billion Deal to Acquire DigitalBridge Data Center Firm

SoftBank is acquiring DigitalBridge for $4 billion to strengthen its AI infrastructure portfolio, with DigitalBridge being a major investor in digital infrastructure assets. The deal aims to capitalize on the growing demand for AI computing capacity, and DigitalBridge will continue to operate as a separate platform under its current leadership.

via Yahoo Finance|
#acquisition#ai-infrastructure#business
"Intel and DigitalBridge Unveil Articul8, a Joint Venture in Enterprise Generative AI"
business-and-technology2 years ago

"Intel and DigitalBridge Unveil Articul8, a Joint Venture in Enterprise Generative AI"

Intel has announced the creation of a new independent company, Articul8 AI, focusing on artificial intelligence software, with investment from DigitalBridge Group and other investors. The company, which will not be publicly traded, stems from Intel's collaboration with Boston Consulting Group and aims to address the challenges of implementing AI in a secure, cost-effective manner for businesses. Articul8 AI will operate with an independent board, and Intel will remain a shareholder. This move is part of Intel's broader strategy to seek external capital for its business units, following similar actions with Mobileye Global and its programmable chip unit.

via Reuters|
##articul8ai#artificialintelligence
"CarMax, Accenture, Peloton, Jefferies, and More: Midday Stock Movers"
business2 years ago

"CarMax, Accenture, Peloton, Jefferies, and More: Midday Stock Movers"

Trimble's stock jumped 6.4% after AGCO Corp announced its acquisition of an 85% stake in Trimble's agribusiness for $2 billion; DigitalBridge shares rose 5.8% following an upgrade by JPMorgan; Jefferies Financial Group's stock rose over 2% despite third-quarter profits being impacted by a slowdown in dealmaking; Duolingo shares gained 4.5% after receiving a buy rating from UBS; CarMax's stock fell 9.5% as the company reported lower earnings and revenue due to weakening demand for used cars.

via CNBC|
#business#carmax#digitalbridge