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New Deal


Announced

Northern Data to acquire Decentric Europe from Block.one for $413m.

Financials

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Transaction Value£308m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Netherlands

Private

Pending

Computer Hardware

Single Bidder

hardware

Friendly

Acquisition

Majority

Synopsis

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Northern Data, an infrastructure supplier for HPC applications and Bitcoin mining, agreed to acquire Decentric Europe, a producer of 223k GPU cards, from Block.one, a blockchain software, for $413m. "I'm excited to see Northern Data continuing to expand its global capabilities to better serve its growing customer base. Offering HPC infrastructure solutions that use 100% renewable sources of energy is fundamental to sustainably meeting the growing demand for AI and blockchain computational processing," Brendan Blumer, Block.one CEO.

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