Digital Realty to buy Blackstone's data center stake in deal valuing assets at $7.8 billion

Digital Realty is acquiring Blackstone's data center portfolio in a deal valuing the assets at seven point eight billion dollars. The move reflects surging demand for data center capacity as cloud computing and AI infrastructure needs scale globally. According to Channel NewsAsia, the transaction solidifies Digital Realty's position as a leader in the increasingly critical data center market.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton