Nixxy, Inc., a technology company developing and providing AI-powered business services, has acquired the EDGE data center assets of Everythink Innovations Limited, a telecom and edge infrastructure provider.
The acquisition accelerates Nixxy's rollout of its AI data infrastructure and provides immediate revenue scale and infrastructure capacity aligned with communications, AI, and data monetization applications.
The transaction is valued at $3.65 million in cash and stock, including more than $48 million in contracted annual recurring revenue from wholesale data, VPN, and interconnect services.
AI-Ready Infrastructure
Immediate access to edge-optimized Tier 3 infrastructure in Vancouver and Fremont, with owned servers, routers, and active IX connectivity.
Accelerated Market Entry
Enables immediate deployment of AI-enhanced services, including high-performance compute, DeFi integrations, and data-based systems.
Cross-Border Platform
Positioned for low-latency service delivery, robust disaster recovery, and North American market reach with dual presence in Canada and the U.S.
- The strategic acquisition positions Nixxy with operational assets across key North American data center hubs, paving the way for future expansion in North America, Europe, and Asia.
- The addition of EIL's infrastructure and telecom assets significantly boosts Nixxy's revenue base and enhances its capabilities in hosting AI applications.
The acquisition of EDGE data center and telecom assets marks a transformative step forward for Nixxy, accelerating its AI infrastructure rollout and market expansion. This strategic move strengthens Nixxy's position in the AI industry and sets the stage for future growth and innovation.