Avant Technologies, Inc. to acquire up to 50 immersible high-performance servers from Flow Wave, LLC
Acquiring Company
Avant Technologies
Acquired Company
Flow Wave
Las VegasFloridaInformation TechnologySoftwareArtificial IntelligenceMachine LearningSoftwareData CenterDescription
Avant Technologies, Inc., a leader in AI technology, has entered into a Binding Letter of Intent with Florida-based Flow Wave, LLC, to acquire up to 50 state-of-the-art high-performance immersible computer servers in a deal valued at $50 million. This acquisition signifies a major leap forward for Avant as it expects to lead the way in providing distributed submerged infrastructure solutions, addressing the complex challenges of the digital era with cutting-edge solutions.
Quick answer
Avant Technologies is acquiring Flow Wave, announced June 5, 2024. Avant Technologies is based in Las Vegas, Nevada, United States.
- How much did Avant Technologies pay for Flow Wave?
- The deal value was not disclosed.
- What does Avant Technologies do?
- Avant Technologies, Inc. is an artificial intelligence technology company specializing in creating and developing innovative and advanced AI infrastructure solutions designed to revolutionize the landscape for AI..
- Where are Avant Technologies and Flow Wave based?
- Avant Technologies is based in Las Vegas, Nevada, United States. Flow Wave is based in Florida, United States.
- Who are the decision-makers at Avant Technologies?
- Fundz holds 1 contact at Avant Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Flow Wave?
Flow Wave was acquired by Avant Technologies, based in Las Vegas. The deal was reported on June 5, 2024. Avant Technologies, Inc. Avant Technologies is privately held and operates in Information Technology.
When did Avant Technologies acquire Flow Wave?
Avant Technologies's acquisition of Flow Wave was reported on June 5, 2024. Avant Technologies, Inc., a leader in AI technology, has entered into a Binding Letter of Intent with Florida-based Flow Wave, LLC, to acquire up to 50 state-of-the-art high-performance immersible computer servers in a deal valued at $50 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Flow Wave do?
Flow Wave, LLC is a pioneer in immersible computer server development, dedicated to enhancing the performance and sustainability of data centers worldwide. It is privately held, operating in Software, and is based in Florida.
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