In a strategic move to bolster its digital infrastructure capacity, DigitalBridge has announced its acquisition of Yondr Group, a leading developer of hyperscale data centers. As demand for areas such as AI, cloud computing, and digital transformation continues to surge, this acquisition will enhance DigitalBridge’s ability to cater to the increasing need for large-scale data processing power.
Yondr, with its substantial growth potential, boasts over 420MW of current capacity and plans for up to 1GW in the near future. The alignment of Yondr’s existing assets with DigitalBridge’s strategic development plans is undeniably promising. According to Jon Mauck, Senior Managing Director at DigitalBridge, Yondr’s assets complement the company’s vision for future digital infrastructure expansion. This move strategically positions DigitalBridge to support hyperscale clients amid growing digital transformation needs.
Operating independently within DigitalBridge’s portfolio, Yondr plans to utilize the parent company’s resources to expand its global operations. This could potentially accelerate Yondr’s standing in the global market.
The deal is set for completion in early 2025, awaiting regulatory approval, potentially bringing forth increased revenues and technological advancements for DigitalBridge.
Additionally, DigitalBridge continues its expansion efforts with recent stakes in JTower, a major infrastructure company in Japan. Having acquired a 75.62% interest for JPY 70.1 billion ($466 million), DigitalBridge aims to privatize JTower and thus leverage it for enhancing infrastructure sharing in Japan. JTower’s extensive tower network in suburban and rural areas highlights its pivotal role in infrastructure efficiency enhancement.
