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Opti9 to acquire Hut 8's Canadian cloud business

PRIVATESep 03, 2026about 5 hours ago

Acquiring Company

Opti9 Technologies

Acquired Company

Hut 8

Garden CityMiamiInformation TechnologyCloud InfrastructureFinancial ServicesSoftwareBlockchainCryptocurrency

Description

Opti9 Technologies has acquired Hut 8’s Canadian managed cloud business, expanding its presence in the Canadian market. The acquisition includes Hut 8’s traditional managed services and involves 10 team members transitioning to Opti9. This move further enhances Opti9's operational capabilities and geographic reach for its customers and channel partners in Canada. Hut 8 will continue to operate its data centers and GPU business.

Company Information

Company

Opti9 Technologies

Location

Garden City, New York, United States

About

Opti9 is a leading provider of cloud solutions, dedicated to delivering exceptional services and innovative solutions to clients worldwide. Following its acquisition of HostedBizz in May 2022, Opti9 has been expanding its global footprint and enhancing its service offerings to better meet the evolving needs of its customers.

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Predictive Intelligence
Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Hut 8?

Hut 8 was acquired by Opti9 Technologies, based in Garden City. The deal was reported on September 3, 2026. Opti9 is a leading provider of cloud solutions, dedicated to delivering exceptional services and innovative solutions to clients worldwide. Opti9 Technologies is privately held and operates in Information Technology.

When did Opti9 Technologies acquire Hut 8?

Opti9 Technologies's acquisition of Hut 8 was reported on September 3, 2026. Opti9 Technologies has acquired Hut 8’s Canadian managed cloud business, expanding its presence in the Canadian market. The acquisition includes Hut 8’s traditional managed services and involves 10 team members transitioning to Opti9. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hut 8 do?

Hut 8 is one of North America's largest innovation-focused digital asset miners, supporting open and decentralized systems since 2018. It is publicly traded (HUT), operating in Financial Services, and is based in Miami.

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