The volume of deals for the purchase of data centers in 2025 reached $70B

The artificial intelligence boom, which has already attracted hundreds of billions of dollars in funding and partnerships, has triggered a wave of mergers and acquisitions (M&A) in the digital infrastructure sector.  According to Bloomberg, the total value of deals and negotiations for the purchase of data center operators this year amounted to about $70 billion.

The latest major event in the market was SoftBank’s deal with digital infrastructure investor DigitalBridge. The deal is worth around $3 billion in cash, and the total value of the company, including debt, is estimated at $4 billion.

The biggest deals of 2025

• October — Aligned Data Centers. The biggest potential deal of the year. Investors led by Global Infrastructure Partners (a division of BlackRock Inc.) valued the company at a record $40 billion.
• December — Intersect Power. Google (Alphabet) agreed to pay $4.75 billion in cash for the clean energy developer. The goal is to power new data centers.
• July — ST Telemedia Global Data Centres. KKR is negotiating a deal that could value the Asian provider at more than $5 billion.
• September — Bain Capital (China). Bain’s data centers in China are being transferred to Shenzhen Dongyangguang Industry for $4 billion.
• May — FläktGroup Holding. Samsung Electronics acquired the European cooling systems specialist for €1.5 billion ($1.76 billion), anticipating growth in demand for server cooling systems.

Experts note that investments are directed not only at the buildings themselves, but also at related technologies: from energy supply (as in the case of Google and Intersect Power) to cooling systems, which are critical for the operation of powerful graphics processors.

Read more: Alphabet, OpenAI, and NVIDIA. What were the biggest AI deals in 2025?