MGX-Led Consortium Acquires US Data Centre Operator Aligned for $40 Billion
An Abu Dhabi-led consortium, including MGX (part of G42), completed a $40 billion acquisition of Texas-based data centre operator Aligned. This major buyout signifies substantial UAE investment in global technology infrastructure.
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DXB Start·July 26, 2026·1 min read·3 hours ago
A consortium spearheaded by Abu Dhabi's MGX, an investment vehicle within G42, finalized the acquisition of Aligned, a data centre operator based in Texas, for an estimated $40 billion. This significant transaction represents a substantial outbound investment by a UAE entity.
The acquisition underscores the UAE's strategic focus on expanding its footprint in critical global technology infrastructure. It positions Abu Dhabi as a major player in the international digital economy.
Last updated July 26, 2026