Add-on Acquisition • Technology Hardware

Nscale Acquires Kontena

On July 21, 2024, Nscale acquired technology hardware company Kontena

Acquisition Context

This is Nscale’s 1st transaction in the Technology Hardware sector.
This is Nscale’s 1st transaction in Belgium.

Explore All 1761 Add-on Acquisition Technology Hardware Deals - Search the Database Free

M&A Deal Summary
Date	July 21, 2024
Target	Kontena
Sector	Technology Hardware
Buyer(s)	Nscale
Deal Type	Add-on Acquisition

Target Company

Kontena

Borgerhout, Belgium

Kontena specializes in high-density data centers and HPC solutions, combining innovation with practicality. The company recently collaborated with ElioVP and Bluesio to develop better and more innovative AI and HPC solutions. Kontena was formed in 2018 and is based in Borgerhout, Belgium.

Explore More Deals

Browse All 215,262 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Nscale

Norway

Category	Company
Sector	Technology Hardware

DESCRIPTION

Nscale is a fully vertically integrated AI GPU Cloud provider delivering compute to the generative AI market at scale. Leveraging its 60MW renewable energy-powered data center in Norway and a pipeline of over 500MW of greenfield data centers in the US. The company enables customers to run efficient and scalable AI training, fine-tuning, and compute-intensive workloads, supporting advanced AI research and development. Nscale is based in Norway.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Technology Hardware	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Belgium	1 of 1
Year: 2024	1 of 1

Explore Related M&A Activity

Technology Hardware M&A - Add-on Acquisition M&A Deals - Belgium M&A - 2024 M&A