DigitalBridge and IFM Investors completed the acquisition of Switch for $11bn.

DigitalBridge, a global digital infrastructure investment firm, and IFM Investors, a provider of investment services, completed the acquisition of Switch, a company based in Las Vegas, Nevada, that develops and operates the SUPERNAP data center facilities and provides colocation, telecommunications, cloud services, and content ecosystems, for $11bn. "Today's announcement is an important step towards our long-term vision for the growth and evolution of our company. Through this partnership we will be ideally positioned to continue to meet strong customer demand for Switch's environmentally sustainable Tier 5 data center infrastructure," Rob Roy, Switch Founder and CEO.