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Carrier Connect Data Solutions Inc. ( (TSE:CCDS) ) has issued an announcement.
Carrier Connect Data Solutions Inc. has completed the acquisition of Nexion W1 DC Pty Ltd., a 2 Megawatt Tier II/III data center in Perth, Australia. This acquisition is a significant step in the company’s international expansion strategy, enhancing its presence in the Asia-Pacific region and supporting its Vancouver operations. The deal, valued at AUD $2.5 million, is expected to generate substantial monthly recurring revenue and offers a growth opportunity with the facility currently underutilized. Post-closing agreements with the vendor aim to ensure smooth integration and continuity of operations.
More about Carrier Connect Data Solutions Inc.
Carrier Connect Data Solutions Inc. operates in the data center industry, focusing on rolling up Tier II/III data centers internationally. The company specializes in delivering co-location and data center solutions to AI companies, service providers, enterprises, and small businesses. Its principal markets are Vancouver, Canada, and Perth, Australia.
Average Trading Volume: 25,693
Technical Sentiment Signal: Buy
For detailed information about CCDS stock, go to TipRanks’ Stock Analysis page.