Mara Holdings Inc. to Acquire Majority Stake in Exaion, Expanding Global AI and Cloud Capabilities

Reuters
Aug 12
Mara Holdings Inc. to Acquire Majority Stake in Exaion, Expanding Global AI and Cloud Capabilities

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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