Dossier
Mirantis
Coverage of Mirantis in the Nexus archive.
- Neocloud IREN buys OpenStack champion Mirantis
Neocloud IREN acquires Mirantis to build an open AI stack, with plans to enhance compute deployments and support cloud infrastructure. The acquisition strengthens IREN's software capabilities and supports Mirantis' mission to create an open standard for AI infrastructure. The deal allows Mirantis to continue operating independently and offering its products as free and open-source software.
- IREN snaps up Mirantis in $625 million all-stock deal to round out its AI cloud platform
IREN has acquired Mirantis in a $625 million all-stock deal to enhance its AI cloud platform. The acquisition implies a valuation of roughly four to five times revenue for Mirantis. This move is expected to strengthen IREN's position in the AI cloud market.