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Crusoe Energy Systems Acquires Great American Mining

PRIVATEOct 12, 2022

Acquiring Company

Crusoe

Acquired Company

Great American Mining

DenverInformation TechnologyEnergyOil And GasSoftwareSoftwareMobileAppsPlatformsRenewable Energy

Description

Crusoe Energy Systems LLC (Crusoe) announced today that it has acquired the operating assets of Great American Mining (GAM). The acquisition accelerates Crusoe’s Digital Flare Mitigation® (DFM) business through additional scale and customer relationships while enabling Crusoe to more efficiently reduce the impact of natural gas flaring using Crusoe’s patented DFM technologies and large-scale, advanced operational capabilities. The acquisition integrates GAM’s operations into Crusoe’s DFM systems to utilize stranded and wasted energy resources to power modular data centers and enable energy-intensive computation.

Quick answer

Crusoe is acquiring Great American Mining, announced October 12, 2022. Crusoe is based in Denver, Colorado, United States.

How much did Crusoe pay for Great American Mining?
The deal value was not disclosed.
What does Crusoe do?
Crusoe is the industry’s first vertically integrated, purpose-built AI cloud platform.
Where are Crusoe and Great American Mining based?
Crusoe is based in Denver, Colorado, United States.
Who are the decision-makers at Crusoe?
Fundz holds 2 contacts at Crusoe. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Crusoe

Location

Denver, Colorado, United States

About

Crusoe is the industry’s first vertically integrated, purpose-built AI cloud platform. The company is redefining AI cloud infrastructure and its platform is recognized as the "gold standard" among builders for its reliability and performance in developing, training, and deploying AI models. Powered by clean, renewable energy, Crusoe aligns the future of computing with the future of the climate. Leading Fortune 500 companies trust Crusoe’s advanced, AI-optimized cloud to support their most demanding AI applications.

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Frequently asked

Who acquired Great American Mining?

Great American Mining was acquired by Crusoe, based in Denver. The deal was reported on October 12, 2022. Crusoe is the industry’s first vertically integrated, purpose-built AI cloud platform. Crusoe is privately held and operates in Information Technology.

When did Crusoe acquire Great American Mining?

Crusoe's acquisition of Great American Mining was reported on October 12, 2022. Crusoe Energy Systems LLC (Crusoe) announced today that it has acquired the operating assets of Great American Mining (GAM). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Great American Mining do?

Great American Mining is the company acquired in this transaction. It is privately held.

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

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