Sharon AI, Inc completes acquisition of Distributed Storage Solutions Ltd for US$25M
Acquiring Company
SharonAI
Acquired Company
Distributed Storage Solutions Ltd (DSS)
New York
SydneyInformation TechnologyFinancial ServicesSoftwareArtificial IntelligenceFinanceAnalyticsMachine LearningInformation TechnologyDescription
Sharon AI, Inc, a High-Performance Computing (HPC) business focused on Artificial Intelligence (AI) Cloud GPU Compute Infrastructure, has acquired Distributed Storage Solutions Ltd (DSS) for US$25M. This acquisition brings strategic relationships with Lenovo and Nvidia, as well as a highly experienced operational team with over 15 years of data center operations and energy infrastructure management experience.
Quick answer
SharonAI is acquiring Distributed Storage Solutions Ltd (DSS) for $25 million, announced July 11, 2024. SharonAI is based in New York, New York, United States.
- How much did SharonAI pay for Distributed Storage Solutions Ltd (DSS)?
- The reported deal value is $25 million.
- What does SharonAI do?
- SharonAI Inc. specializes in high-performance computing and artificial intelligence technology.
- Where are SharonAI and Distributed Storage Solutions Ltd (DSS) based?
- SharonAI is based in New York, New York, United States. Distributed Storage Solutions Ltd (DSS) is based in Sydney, New South Wales, Australia.
- Who are the decision-makers at SharonAI?
- Fundz holds 2 contacts at SharonAI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Armada Acquisition Corp. I completes business combination with Rezolve AI Limited to transform digital retail engagement (August 15, 2024)
- C5i completes acquisition of Analytic Edge to enhance integrated analytics & AI capabilities (July 29, 2024)
- Simulations Plus completes acquisition of Pro-ficiency Holdings, Inc. to enhance drug development solutions (June 12, 2024)
- Nuqleous completes acquisition of Shiloh Technologies to enhance retail analytics (June 6, 2024)
- Cloudera deepens AI expertise with acquisition of Verta's Operational AI Platform (June 3, 2024)
- ACA Group completes acquisition of Encore Compliance to integrate AI technology into Managed Services suite (July 29, 2024)
Who to call at SharonAI, and when
When SharonAI changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day SharonAI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SharonAI, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at SharonAI. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment SharonAI makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Distributed Storage Solutions Ltd (DSS)?
Distributed Storage Solutions Ltd (DSS) was acquired by SharonAI, based in New York. The deal was reported on July 11, 2024. SharonAI Inc. specializes in high-performance computing and artificial intelligence technology. The company aims to enhance computational capabilities through innovative AI solutions. SharonAI is publicly traded (SHAZ) and operates in Information Technology.
When did SharonAI acquire Distributed Storage Solutions Ltd (DSS)?
SharonAI's acquisition of Distributed Storage Solutions Ltd (DSS) was reported on July 11, 2024. Sharon AI, Inc, a High-Performance Computing (HPC) business focused on Artificial Intelligence (AI) Cloud GPU Compute Infrastructure, has acquired Distributed Storage Solutions Ltd (DSS) for US$25M. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Distributed Storage Solutions Ltd (DSS) do?
Australia's largest Filecoin storage provider, dedicated to sustainable and robust enterprise grade data storage infrastructure in the Filecoin Network developed on the IPFS protocol. It is privately held, operating in Information Technology, and is based in Sydney.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.