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Masayoshi Son, who serves as both the CEO and Chairman of SoftBank, noted that the acquisition will "strengthen the foundation for next-generation data centers" and support the company's goal of becoming a leading provider of "artificial superintelligence" platforms, as reported by CNBC.
The transaction was approved by a special committee of DigitalBridge's board of directors. SoftBank will purchase all outstanding common shares of DigitalBridge at a price of $16 per share in cash.
The deal is expected to be finalized in the second half of 2026, according to SoftBank. "As AI transforms industries around the world, we need more computing power, connectivity, energy, and scalable infrastructure," Son added.
DigitalBridge CEO Marc Ganzi also commented, stating, "Building AI infrastructure is one of the most significant investment opportunities of our generation."
source: cnbc.com
The transaction was approved by a special committee of DigitalBridge's board of directors. SoftBank will purchase all outstanding common shares of DigitalBridge at a price of $16 per share in cash.
The deal is expected to be finalized in the second half of 2026, according to SoftBank. "As AI transforms industries around the world, we need more computing power, connectivity, energy, and scalable infrastructure," Son added.
DigitalBridge CEO Marc Ganzi also commented, stating, "Building AI infrastructure is one of the most significant investment opportunities of our generation."
source: cnbc.com