10:29 AM EDT, 06/18/2024 (MT Newswires) -- CBRE Group ( CBRE ) agreed to acquire Direct Line Global, a data center infrastructure provider, from Guardian Capital.

Financial details weren't disclosed.

The acquisition is expected to boost earnings immediately, Dallas-based CBRE ( CBRE ) said Tuesday in a statement. Direct Line Global will be part of CBRE's ( CBRE ) data centers solutions business in the global workplace solutions segment.

Direct Line Global, based in Fremont, California, has more than 1,000 employees including large operations in northern Virginia with additional offices in Hong Kong, the Philippines, Singapore and South Korea, CBRE ( CBRE ) said.

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