Blackstone agrees to buy 49% stake in data center firm Rowan, The Information reports

April 2 (Reuters) - Asset manager Blackstone BX.N has agreed to take a 49% stake in Rowan Digital Infrastructure in a deal that would likely value the data center company at about $3.8 billion not including debt, The Information reported on Thursday.

Blackstone is expected to gain strong control rights under the deal, the report added, citing a source. The companies did not immediately respond to Reuters' requests for comment outside regular business hours.

Global data-center dealmaking has surged, hitting a record last year, due to an insatiable demand for computing infrastructure to meet the boom in artificial intelligence usage.