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FAQ: Carrier Connect Data Solutions' Acquisition of PureColo
TL;DR
Carrier Connect Data Solutions gains strategic advantage by acquiring PureColo's Ottawa data centers, expanding its footprint and revenue potential in key markets.
Carrier Connect Data Solutions issued 4.6 million shares and will pay $2.3 million over nine months to acquire PureColo's two carrier-neutral data centers in Ottawa.
This acquisition enhances Carrier's ability to provide reliable data infrastructure globally, supporting businesses and AI innovation with improved colocation services.
Carrier Connect Data Solutions now operates data centers across Vancouver, Ottawa, and Perth, specializing in colocation for AI companies and enterprises.
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Carrier Connect Data Solutions Inc. (TSX.V: CCDS) (OTCQB: CCDSF) (WKN: A40XB1) has completed its acquisition of PureColo, an established Ottawa-based provider of carrier-neutral data centers offering colocation and server hosting solutions.
The Company issued 4,606,704 consideration shares and will pay about $2,326,000 over nine months to PureColo securityholders, with the shares released from escrow in thirds at four, eight and twelve months after December 4, 2025.
CEO Mark Binns stated that the addition of PureColo's two Ottawa data centers expands the company's scale, revenue and growth potential alongside its existing Vancouver and Perth facilities.
The company's mission is to roll up Tier II/III data centers internationally that specialize in delivering co-location and data center solutions to AI companies, service providers, enterprises and small businesses.
As a carrier-neutral organization, Carrier's systems are fully independent and owned outright within its leased space, meaning they are not tied to any specific telecommunications carrier.
The current principal markets for the Company are Vancouver and Ottawa, Canada and Perth, Australia, where it serves clients who use its facilities either as their primary datacenter or as an ancillary site.
Carrier plans to file a Business Acquisition Report and will update shareholders upon filing.
More information about the company can be found at https://www.carrierconnectdatasolutions.com/
This article was disseminated by TechMediaWire on behalf of Carrier Connect Data Solutions Inc. and may include paid advertising. TechMediaWire is a specialized communications platform focused on technology companies.
Curated from InvestorBrandNetwork (IBN)
