SoftBank Group completes acquisition of U.S. investment firm DigitalBridge

SoftBank Group completed its acquisition of U.S.-based DigitalBridge, with the acquisition price approximately $3.1 billion. Following completion of the acquisition, DigitalBridge was delisted and became an SBG subsidiary.

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The story

SoftBank Group (SBG) announced that it had completed its acquisition of U.S.-based DigitalBridge Group. The acquisition price was reported at $3.1 billion (approximately ¥480 billion).

DigitalBridge was delisted following completion of the acquisition and became an SBG subsidiary. SBG is consequently expected to accelerate its investment in artificial intelligence.

DigitalBridge invests in data-center design and operating companies. Its portfolio company Vantage Data Centers is building data centers for OpenAI and other clients.

DigitalBridge announced that it opened a Tokyo office on 8 September. SBG is said to have regarded the Japanese market as important for many years.

At a glance

Acquisition price (U.S. dollars)Reported at $3.1 billion (approximately ¥480 billion)

Organizational structureDigitalBridge was delisted and became a subsidiary of SBG

Regulatory approvalObtained approvals including those from FERC and CFIUS

Facility OpeningsDigitalBridge's Tokyo office opened on 8 September

Purpose/EffectAims to accelerate SBG's AI investment

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The NikkeiNews

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