Blackstone Tactical Opportunities Invests $300M in DDN at $5B Valuation

January 9, 2025

DDN (DataDirect Networks) received a $300 million investment from funds managed by Blackstone Tactical Opportunities at a $5 billion post-money valuation. The growth capital will be used to accelerate DDN's expansion of AI and high-performance computing data intelligence solutions and scale its platform for enterprise, hyperscaler, and cloud customers.

Targets
DDN (DataDirect Networks)
Location
California, United States
Transaction Type
Growth capital

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