Nixxy, Inc. has acquired the EDGE data center assets of Everythink Innovations Limited, a telecom and edge infrastructure provider, to accelerate its AI data infrastructure rollout.
The transaction is valued at $3.65 million in cash and stock and includes more than $48 million in annual recurring revenue from wholesale data, VPN, and interconnect services.
CEO Mike Schmidt stated that the acquisition positions Nixxy with operational assets across key North American data center hubs.
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
The acquisition enables Nixxy to deploy AI-enhanced services like high-performance compute, DeFi integrations, and data-based systems.
Cross-Border Platform
With a dual presence in Canada and the U.S., Nixxy is positioned for low-latency service delivery, robust disaster recovery, and North American market reach.
- The acquisition accelerates Nixxy's AI infrastructure rollout and market expansion.
- It provides immediate revenue scale and infrastructure capacity aligned with communication, AI, and data monetization applications.
The acquisition of EDGE data center and telecom assets marks a transformative step forward for Nixxy in expanding its AI capabilities and market reach.