US EditionRumble Considers Near $1.2 Billion Offer for German AI Cloud Group Northern Data
MAYSVILLE, GEORGIA, USA, AUG 11 – Rumble aims to become a global AI cloud leader by acquiring Northern Data's 20,480 H100 and 2,048 H200 GPUs and nearly 850 MW of data center capacity, backed by Tether's support.
- At LONGBOAT KEY, Fla., on August 10, 2025, Rumble notified Northern Data AG of its interest in a $1.17 billion all-stock offer valuing shares at about $18.3, with a 32% discount.
- With plans to scale GPU compute, Rumble aims to acquire Northern Data’s Taiga GPU business with 20,480 H100s and 2,048 H200s, and access five Ardent data center sites with 850 MW capacity.
- Under the proposed terms, Northern Data shareholders would receive 2.319 Class A Rumble shares, with Tether supporting the deal and becoming Rumble's largest Class A shareholder, while committing to purchase GPUs, Rumble said.
- Northern Data's board is evaluating Rumble's proposal, and the launch timing remains uncertain, contingent on due diligence and approvals, the company said on Monday.
- Positioning Rumble as expecting to transform into a global AI cloud leader, emphasizing AI leadership, data privacy, and independence, contingent on due diligence.
21 Articles
21 Articles
Rumble, Northern Data Weigh $4.5 Billion AI Cloud Merger
Rumble Inc. is weighing an offer to buy German data center company Northern Data AG in an all-stock deal valuing the target at about $1.17 billion that would boost the conservative video service’s bid to become a cloud-computing provider.
Rumble considers near $1.2 billion offer for German AI cloud group Northern Data
U.S.-listed video platform Rumble is considering a potential offer of about $1.17 billion (1 billion euro) for German AI cloud group Northern Data AG , according to separate statements from the companies and Reuters calculations.Read MoreThe post Rumble considers near $1.2 billion offer for German AI cloud group Northern Data first appeared on The Who Dat Daily.
Rumble weighs near $1.2 billion bid for German AI cloud firm Northern Data
U.S. video platform and cloud services provider Rumble is considering an offer of about $1.17 billion (1 billion euros) for German AI cloud group Northern Data, according to statements from both companies.Rumble said on Sunday that a deal would give it control of Northern Data's GPU-rich cloud business, Taiga
Rumble Announces Intent to Acquire AI Company Northern Data - Rumble (NASDAQ:RUM)
Rumble has notified Northern Data of its interest in a potential all-stock exchange offer for 100% of the outstanding shares of Northern Data Transaction would create a leading force in freedom-first infrastructure supported by Rumble's existing balance sheet Tether, the majority shareholder of Northern Data, has indicated it would support the transaction Following consummation of the potential transaction, Tether would become an important custo…
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