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Carrier Connect Data Solutions Inc. ( (TSE:CCDS) ) has issued an announcement.
Carrier Connect Data Solutions Inc. has signed a non-binding letter of intent to acquire PureColo Inc., a provider of carrier-neutral data centers in Ottawa. The acquisition, valued at $4.1 million in shares and $4.4 million in cash, aims to expand Carrier’s reach and enhance its service offerings. This strategic move is expected to bolster Carrier’s position in the data center industry and enable PureColo to extend its expertise to more cities, benefiting both companies and their stakeholders.
More about Carrier Connect Data Solutions Inc.
Carrier Connect Data Solutions Inc. is a data center company focused on acquiring Tier II/III data centers internationally, offering co-location and data center solutions to AI companies, service providers, enterprises, and small businesses. The company operates as a carrier-neutral organization, primarily serving the Vancouver Metropolitan Area.
Average Trading Volume: 25,802
See more data about CCDS stock on TipRanks’ Stock Analysis page.