Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Carrier Connect Data Solutions Inc. ( (TSE:CCDS) ) has issued an announcement.
Carrier Connect Data Solutions Inc. has announced its agreement to acquire a 2 Megawatt Tier II/III data center in Perth, Australia, from Nexion Group Ltd. This acquisition, valued at AUD $2.5 million, is part of the company’s strategy to expand its international presence in the Asia Pacific region. The transaction is pending customary conditions and approval from the TSX Venture Exchange. This move is expected to enhance Carrier Connect’s market positioning by broadening its service offerings and geographical reach, potentially benefiting stakeholders by increasing the company’s operational capacity and market influence.
More about Carrier Connect Data Solutions Inc.
Carrier Connect Data Solutions Inc. is a company focused on acquiring Tier II/III data centers globally, offering co-location and data center solutions to AI companies, service providers, enterprises, and small businesses. It operates as a carrier-neutral organization, with its primary market in the Vancouver Metropolitan Area, providing facilities for clients’ primary or ancillary data center needs.
Average Trading Volume: 22,242
Find detailed analytics on CCDS stock on TipRanks’ Stock Analysis page.