IREN will acquire Mirantis for approximately 625 millions USD, further strengthening its capabilities in the AI cloud sector.
Foresight News reports that Bitcoin mining company IREN has signed a definitive agreement to acquire cloud infrastructure service provider Mirantis for approximately $625 million (to be paid in IREN common stock). This acquisition will enhance IREN’s capabilities in deployment, management, and operations within the AI cloud sector. After the acquisition, Mirantis will continue to serve its existing clients as an independent subsidiary, while fully supporting IREN’s AI cloud deployment. The transaction is still subject to customary regulatory approvals and other conditions before completion.
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