Deals
DigitalBridge, Equinix Vie for Time Dotcom’s Data Center Unit
- A buyer for the data center business could emerge within weeks
- US companies outbid others in the industry, investment firms
Racks of servers at a data center.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
US digital infrastructure firms DigitalBridge Group Inc. and Equinix Inc. have been shortlisted into a final round of talks for the data center business of Malaysia’s Time Dotcom Bhd., according to people familiar with the matter.
DigitalBridge and Equinix outbid other companies in the industry and investment funds, the people said, asking not to be identified because the matter is private. The two companies are seeking to sign a deal for the assets, known as Aims Data Centre, within the next few weeks, the people said.