Sydney-based AI data center operator IREN agrees to acquire Mirantis, which offers Kubernetes management and cloud infrastructure software, for $625M in stock (Shane Snider/Data Center Knowledge)

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IREN, an Australian AI data center operator, is acquiring Mirantis and its Kubernetes/cloud infrastructure software for $625M in stock to boost AI compute utilization.

Categories: Money & Moves

Excerpt

<a href="https://www.datacenterknowledge.com/infrastructure/iren-buys-mirantis-for-625m-to-unlock-ai-compute-utilization"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260510/i1.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260510/p1#a260510p1" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Shane Snider / <a href="https://www.datacenterknowledge.com/">Data Center Knowledge</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.datacenterknowledge.com/infrastructure/iren-buys-mirantis-for-625m-to-unlock-ai-compute-utilization">Sydney-based AI data center operator IREN agrees to acquire Mirantis, which offers Kubernetes management and cloud infrastructure software, for $625M in stock</a></b></span>&nbsp; &mdash;&nbsp; The $625 million deal adds Kubernetes and enterprise ops to help turn deployed GPUs into usable, revenue-generating AI infrastructure.</p>