Northern Data Group announces closing of Damoon acquisition

Northern Data Group England United Kingdom Germany

Major progress in the execution of Northern Data Group's vision to become the world's leading High-Performance Computing (HPC) Infrastructure Solutions Provider Northern Data Group now owns 100% of DamoonAroosh Thillainathan, Founder and CEO, has announced that he will buy shares for EUR 30 million through a pre-set share purchase plan(ETR: NB2) is a leading provider of specialized High-Performance Computing (HPC) infrastructure solutions to businesses and research institutions, utilizing GPU and ASIC-based solutions. Our flexible compute power fuels innovation in our three core business divisions: Taiga Cloud, Ardent Data Centers, and Peak Mining. Through our HPC infrastructure, we pioneer ambitious computing innovation that drives progress in the AI, ML, and Generative AI industries. Our partnerships with industry-leading manufacturers including Gigabyte, AMD, and NVIDIA are fundamental to the acceleration of innovation across sectors including life sciences, financial services, and energy.

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