IREN completes Mirantis acquisition in cash-and-stock deal valued at $40 million

Reuters2026/08/04 11:10

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IREN completed its acquisition of cloud software provider Mirantis, adding an orchestration and monitoring software layer to its AI cloud platform.
Consideration included about 12,600,000 ordinary shares, fixed at signing, alongside cash, restricted stock units, and other consideration worth about $40 million at closing.
Deal expands IREN’s ability to serve hyperscalers, enterprises, and AI developers across bare-metal and managed cloud offerings.
Mirantis brings software engineering capabilities and a base of more than 1,500 enterprise customers; its open-source k0rdent AI platform will continue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iren Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608040701PRIMZONEFULLFEED9803162) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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IREN completes Mirantis acquisition in cash-and-stock deal valued at $40 million

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