DDN Nabs $300M From Blackstone As AI Keeps Data Storage Hot
Crunchbase News
JANUARY 9, 2025
Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based data storage company at $5 billion. Big money Of course this is far from the only play the Blackstone Group has made in the data sector. billion to develop data centers in Spain.
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