MARA Holdings, Inc., a leading digital energy and infrastructure company, has announced an investment agreement with EDF Pulse Ventures to acquire a 64% stake in Exaion, a subsidiary of EDF. The deal, valued at approximately $168 million, includes an option for MARA to increase its ownership to 75% by 2027. Exaion, known for its high-performance computing $(HPC.AU)$ data centers and secure cloud infrastructure, partners with key industry players like NVIDIA and Deloitte. This transaction is expected to enhance MARA's global AI/HPC capabilities and marks a significant opportunity for Exaion to accelerate its technological and international development. The transaction is anticipated to close around Q4 2025, pending regulatory approvals.
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