Mingtang Network Technology - Ownership and Business Overview

Information TechnologyCompany

Mingtang Network Technology Ownership

Who owns Mingtang Network Technology?

Mingtang Network Technology is owned by Future FinTech Group. It was acquired on April 14, 2021.

Mingtang Network Technology Business Overview

Where is Mingtang Network Technology headquartered?

Mingtang Network Technology is headquartered in Xinjiang, China.

What sector is Mingtang Network Technology in?

Mingtang Network Technology is an information technology company.

Information Technology M&A Summary in 2021

Out of 60 sectors in the Mergr database, information technology ranked 1 in number of deals in 2021. The largest information technology acquisition in 2021 was Cerner - which was acquired by Oracle for $28.3B.

Join Mergr to view all 1220 acquisitions of information technology companies in 2021, including 118 acquisitions by private equity firms, and 1102 by strategics.

Mingtang Network Technology Co., Ltd.

Changji Zhundong Economic and Development Zone,
Xinjiang,
China,

Mingtang Network operates a cryptocurrency mining farm that integrates big data collection, cloud storage, and advanced computer software and hardware operations into an industrial system of data analysis and information storage. Phase I of Mingtang Network's data center has a 50,000 capacity load for cryptocurrency mining machines, the ability to run big data mining applications, and is fully operational. It also has 300,000 sets of mechanical and electrical equipment on-site such as standby or outsourcing cryptocurrency mainframes, mining machine power supply modules, etc., which are either owned by Mingtang Network or its clients using the mining farm. Mingtang Network is located in the Changji Zhundong Economic and Development Zone in the Xinjiang Autonomous Region of China.


Company Summary

SECTOR

Information Technology

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