M&A Deal Summary |
|
|---|---|
| Date | 2018-03-26 |
| Target | Kolos Norway AS |
| Sector | Information Technology |
| Buyer(s) | HIVE Blockchain Technologies |
| Deal Type | Add-on Acquisition |
| Deal Value | 10M USD |
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| Category | Company |
|---|---|
| Sector | Information Technology |
HIVE Blockchain Technologies Ltd. is a growth oriented, TSX.V-listed company building a bridge from the blockchain sector to traditional capital markets. HIVE is strategically partnered with Genesis Mining Ltd. to build the next generation of blockchain infrastructure. HIVE owns state-of-the-art GPU-based digital currency mining facilities in Iceland and Sweden, which produce newly minted digital currencies like Ethereum continuously, and provides shareholders with exposure to the operating margins of digital currency mining as well as a growing portfolio of crypto-coins.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Information Technology) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| Country (Norway) | 1 of 1 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
