Nixxy, Inc. has acquired the EDGE data center assets of Everythink Innovations Limited to enhance its AI infrastructure.
The strategic acquisition brings immediate revenue scale and infrastructure capacity to Nixxy.
The transaction, valued at $3.65 million in cash and stock, includes acquiring EIL's infrastructure and telecom assets with more than $48 million in contracted annual recurring revenue.
Strategic Asset Purchase
The acquisition accelerates Nixxy's AI data infrastructure rollout and expands its operational assets across key North American data center hubs.
Immediate Revenue Boost
The acquired telecom assets contribute $48 million in annual recurring revenue to Nixxy's revenue base.
Technology Synergy
Integration of EIL's assets will enhance Nixxy's data infrastructure services across enterprise, telecom, and AI sectors.
- This strategic acquisition positions Nixxy for accelerated market entry with AI-enhanced services.
- The transaction enables Nixxy to solidify its presence in North America, Europe, and Asia with advanced infrastructure.
- The integration of carrier-grade routing, switching, and Amazon Web Services assets will power Nixxy's AI data infrastructure services.
The acquisition of EDGE data center and telecom assets marks a significant milestone in Nixxy's strategic transformation as a global AI Data Infrastructure provider, enhancing its scale, operational maturity, and time to market for AI-powered services.