Digital Realty Trust Inc. is in talks to buy Brazilian data-center operator Ascenty, according to people with knowledge of the matter.
Digital Realty, a San Francisco-based real estate investment trust with a market value of $24 billion, could invest in Ascenty alongside a joint venture partner, said one of the people, who asked not to be identified because the talks aren’t public. Last October, the company announced a joint venture with Mitsubishi Corp. focused on data centers in Japan. No deal has been reached for Ascenty and it’s possible that one could fall apart.