Reliance Global Group Acquires Oblivus GPU Cloud Computing Platform from Skyportal Inc.
Acquiring Company
Reliance Global Group
Acquired Company
Skyportal
Lakewood
BalochistanSoftwareConsumer GoodsAppsInformation TechnologySoftwareCloud InfrastructureCloud ComputingDescription
On November 3, 2026, Reliance Global Group, Inc. announced the acquisition of the Oblivus GPU cloud computing platform from Skyportal Inc. The acquisition includes the platform's technology, intellectual property, and customer relationships, completed for an initial cash payment of $3,000,000. Additional milestone payments may be earned based on revenue performance.
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Frequently asked
Who acquired Skyportal?
Skyportal was acquired by Reliance Global Group, based in Lakewood. The deal was reported on November 9, 2026. Reliance Global Group, Inc. operates within the digital asset and blockchain industries, engaging in strategic initiatives related to digital asset treasury programs and capital markets. Reliance Global Group is publicly traded (EZRA) and operates in Software.
When did Reliance Global Group acquire Skyportal?
Reliance Global Group's acquisition of Skyportal was reported on November 9, 2026. On November 3, 2026, Reliance Global Group, Inc. announced the acquisition of the Oblivus GPU cloud computing platform from Skyportal Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Skyportal do?
Skyportal Inc. specializes in advanced cloud computing solutions, particularly focusing on GPU technology. The company is known for its innovative platform, Oblivus, which serves a variety of industries. It is privately held, operating in Information Technology, and is based in Balochistan.
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