Blackstone Inc. is an American alternative investment management company, founded in 1985 and headquartered in New York City. It is the world’s largest alternative investment firm with over $1 trillion USD in assets under management.
According to reports, Blackstone has announced plans to acquire AirTrunk, an Australian data center platform, for $16.1 billion USD, making it Blackstone’s largest investment in the Asia Pacific region.
The report further mentions that Blackstone and the Canada Pension Plan Investment Board (CPP Investments) are acquiring AirTrunk in a bid to expand Blackstone’s digital infrastructure portfolio as well as to meet the growing demand for data centers in the Asia Pacific region.
AirTrunk is a leading hyperscale data center specialist in the Asia Pacific region, founded in 2015 and headquartered in Sydney, Australia. It offers flexible, cost-efficient, and secure data center solutions for reducing carbon footprint.