DDN Nabs $300M From Blackstone

DDN Nabs $300M From Blackstone As AI Keeps Data Storage Hot
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.
Blackstone Invests $300M in DDN at $5B Valuation
AI and data intelligence solutions company DDN today announced an investment of $300 million from Blackstone, an alternative asset manager, valuing the company at $5 billion. “This investment cements DDN’s position as the only choice for organizations seeking to implement scalable,
Blackstone makes $300M investment in AI data company - report
Blackstone (NYSE:BX), the world's largest private equity firm, is investing $300M into DDN, valuing the Chatsworth, California-based AI data company at $5B, according to a media report. DDN, which operates a platform to make AI more cost-effective,
Blackstone invests $300m in AI and data intelligence firm DDN
Blackstone has invested $300 million in DDN, a US-based AI and data intelligence firm. The investment puts DDN at a $5 billion valuation. The capital infusion will be used to to help fund DDN’s growth. DDN was founded in 1998.
Blackstone to invest 300 mln USD in AI data company
Blackstone is investing 300 million U.S. dollars into a company called DDN. The investment, the first outside funding for the Chatsworth, California-based company, values DDN at 5 billion dollars.
Blackstone to Make $300 Million Investment in AI Data Company
Blackstone is investing $300 million into a company called DDN. The investment, the first outside funding for the Chatsworth, Calif.-based company, values DDN at $5 b
Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI and Data Intelligence Solutions Leader, to Fuel Further Rapid Growth
DDN, a global leader in AI and data intelligence solutions, today announced it has received a $300 million investment from funds managed by Blackstone Tactical Opportunities ("Blackstone") at a $5 billion valuation.
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