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M&A Deal Summary

Nscale Acquires Kontena

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

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

M&A Deal Summary
Date 2024-07-21
Target Kontena
Sector Technology Hardware
Buyer(s) Nscale
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 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 STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2024 M&A 1 of 1
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