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Announced

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Northstar Technologies completed of a majority stake in Compass Quantum from Compass Datacenters.

Synopsis

Northstar Technologies, a provider of fiber reinforced polymer composite structural building systems, completed of a majority stake in Compass Quantum, an independently operated subsidiary, from Compass Datacenters, a multinational data center company. Financial terms were not disclosed. "Quantum has been a key part of Compass' vision to meet customer needs for edge capacity from OpEx budgets [...] We will continue to work closely with Quantum to meet the needs of our customers, and, under the Northstar banner, Quantum will be better able to support defense, military and federal government customers. Opening up those markets lays the foundation for Quantum's next phase of growth," Chris Crosby, Compass Datacenters CEO.

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