TechBloomberg Tech1h ago

Nextdc Surges on Report of Goodman, Digital Realty Buying Stake

TL;DRGoodman and Digital Realty reportedly bought a stake in Australian data-center company Nextdc.

Why it matters: Major industry players betting on Nextdc signals consolidation in the competitive global data-center market.

Nextdc Ltd. shares jumped the most since 2010 after the Australian Financial Review reported that data-center developer peers Goodman Group and US-listed Digital Realty Trust Inc. had taken a substantial interest in the company.

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Source: Bloomberg Tech · Opens in new tab