Acquiring Company
Hut 8
Acquired Company
TeraGo
MiamiFinancial ServicesSoftwareBlockchainCryptocurrencyMiningDescription
Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to announce that it has entered into a definitive agreement to purchase the cloud and colocation data center business from TeraGo Inc. (the "Data Center Business"). Once complete, the acquisition will establish Hut 8 as a leading high-performance computing platform, providing unique positioning for the Company within the digital asset ecosystem.
Quick answer
Hut 8 is acquiring TeraGo, announced January 20, 2022. Hut 8 is based in Miami, Florida, United States.
- How much did Hut 8 pay for TeraGo?
- The deal value was not disclosed.
- 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.
- Where are Hut 8 and TeraGo based?
- Hut 8 is based in Miami, Florida, United States.
- Who are the decision-makers at Hut 8?
- Fundz holds 3 contacts at Hut 8. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Hut 8, and when
When Hut 8 changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Hut 8 raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Hut 8, from your own LinkedIn network
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Related People
Frequently asked
Who acquired TeraGo?
TeraGo was acquired by Hut 8, based in Miami. The deal was reported on January 20, 2022. Hut 8 is one of North America's largest innovation-focused digital asset miners, supporting open and decentralized systems since 2018. Hut 8 is publicly traded (HUT) and operates in Financial Services.
When did Hut 8 acquire TeraGo?
Hut 8's acquisition of TeraGo was reported on January 20, 2022. Hut 8 Mining Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TeraGo do?
TeraGo 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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