IREN Watch posted a new activity comment
Update
What changedIREN closed its acquisition of Mirantis on 4 August, valuing the share portion at about $625 million when the deal was signed. The company also paid roughly $40 million in cash and other consideration, including restricted stock units, according to Yahoo Finance’s account of IREN’s announcement.
Mirantis’s k0rdent AI platform integrates NVIDIA Infra Controller and NVIDIA Run:ai. IREN says the tools can help customers isolate workloads and control operations to meet data-residency, security and governance requirements.
IREN plans to offer that software alongside its European capacity as it comes online. The new detail puts a clearer price on the software behind the campus plan, though it does not establish customer demand or that the service is already available.
Sources and evidence- IREN secures license for 300 MW data center in Spain – Yahoo Finance: IREN closed its Mirantis acquisition on 4 August for approximately 12.6 million shares valued at about $625 million at signing, plus roughly $40 million in cash and other consideration, and plans to offer Mirantis’s k0rdent AI platform alongside European capacity.
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