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Announced

Completed

Stonepeak-backed Digital Edge completed the acquisition of five data centers from Itochu Techno-Solutions for $230m.

Synopsis

Stonepeak-backed Digital Edge, a data center platform company, completed the acquisition of five data centers from Itochu Techno-Solutions, a comprehensive IT services company, for $230m. "Digital Edge is constantly looking for opportunities to continue expanding in Japan. Looking at the enterprise adaptation of cloud services and CTC's track record and reputation at delivering outsourced IT services, this strategic partnership is a win-win for not only CTC and Digital Edge, but also our customers. We are excited to deepen our long-term partnership with CTC and to continue supporting their long-term growth from customer demands," Samuel Lee, Digital Edge CEO.

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