MARA to buy majority stake in EDF's AI infrastructure unit for $168M in cash

2025-08-11 21:42:20

Main Idea

MARA Holdings will acquire a 64% stake in Exaion from EDF Pulse Ventures for $168M in cash, as announced by the companies.

Key Points

1. MARA Holdings (NASDAQ:MARA) has agreed to pay $168M in cash for a 64% stake in Exaion.

2. The acquisition is from EDF Pulse Ventures, the venture division of French utility firm Electricite de France SA.

3. Exaion develops and operates high-performance computing solutions.

Description

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