Rumble Closes Northern Data Acquisition, Reorganizes Into Two Core Businesses
MT Newswires Live
Jun 18
Rumble (RUM) said Wednesday it closed its acquisition of Northern Data, which provides AI and computing infrastructure, and now owns 85.2% of the company's outstanding shares.
Northern Data has recently lifted its 2026 revenue guidance to between 170 million euros ($195.5 million) and 190 million euros, up from the previous outlook of 130 million euros to 150 million euros, Rumble said.
Separately, Rumble said Wednesday that following the acquisition, and under the new RUM Group corporate identity, it will operate two core business units: Rumble, its video platform, and Quake AI, formerly Northern Data.
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