American investment giant Bain Capital and Dongyangguang Group have jointly declared that they've inked a deal. In this deal, the China - based business of data center operator WinTriX DC Group will be sold to a consortium helmed by Dongyangguang. This consortium is composed of insurance investment institutions and local government funds, and the selling price is a staggering RMB 28 billion (roughly equivalent to US$3.93 billion). This particular transaction is set to be a game - changer for Dongyangguang. It will not only facilitate the expansion of Dongyangguang's data center business but also significantly bolster its core competitiveness within the industrial chain of digital economy infrastructure. In the fast - paced and highly competitive digital economy landscape, having a strong foothold in data center operations is crucial, and this acquisition positions Dongyangguang to better navigate and thrive in this sector.