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Foresight to acquire majority stake in data center

PRIVATESep 28, 2026

Acquiring Company

Foresight Works Ltd

Acquired Company

European Data Center Development Company

Artificial IntelligenceMachine LearningData Center

Description

Foresight plans to acquire a 50.01% stake in a European data center development company. This acquisition involves a capacity of 270MW. The transaction highlights Foresight's strategy to expand its portfolio in the tech infrastructure sector. Details about the acquisition were released during a virtual conference.

Company Information

Company

Foresight Works Ltd

About

Foresight is an AI-powered project delivery platform designed to improve execution and reduce delays in large-scale infrastructure projects. The platform integrates execution data, validates real-time progress, and forecasts risks early, enabling proactive intervention by project owners. It serves sectors including AI infrastructure, energy, defense, advanced manufacturing, and mobility. Founded in 2018, Foresight operates globally from New York, London, and Tel Aviv.

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Frequently asked

Who acquired European Data Center Development Company?

European Data Center Development Company was acquired by Foresight Works Ltd. The deal was reported on September 28, 2026. Foresight is an AI-powered project delivery platform designed to improve execution and reduce delays in large-scale infrastructure projects. Foresight Works Ltd is privately held and operates in Artificial Intelligence.

When did Foresight Works Ltd acquire European Data Center Development Company?

Foresight Works Ltd's acquisition of European Data Center Development Company was reported on September 28, 2026. Foresight plans to acquire a 50.01% stake in a European data center development company. This acquisition involves a capacity of 270MW. The transaction highlights Foresight's strategy to expand its portfolio in the tech infrastructure sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does European Data Center Development Company do?

The European Data Center Development Company specializes in building and managing data centers. They focus on high-capacity solutions to meet growing digital demands. Their infrastructure supports various industries, ensuring efficiency and reliability. It is privately held, operating in Data Center.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.