Rumble To Acquire Northern Data In 767m All-stock Deal

3 Hour(s) Ago    👁 30
 
Rumble Announces Major Expansion Move

Rumble has announced plans to acquire Northern Data for 767 million. The acquisition is structured as an all-stock transaction. It marks one of the most significant developments in Rumbles business evolution.

Rumble is known for its video-sharing platform. It also hosts Truth Social. The company has been expanding its technological capabilities in recent years. This acquisition signals a move beyond being only a media platform.

Northern Data is a German cloud computing company. It operates a large-scale data centre infrastructure. The company specialises in high-performance computing and GPU systems used for artificial intelligence, blockchain networks, and data-intensive workloads.

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