PRESS RELEASE
News
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PRESS RELEASE
Update on acquisition of Northern Data Group shares by CEO Aroosh Thillainathan under preset purchase plan
Northern Data AG's CEO Aroosh Thillainathan has acquired 298,626 shares of Northern Data Group, increasing his stake to 5.72% of the current share capital. The acquisition was made under a preset purchase plan for approx. EUR 8.2 million -
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PRESS RELEASE
Ardent Data Centers, a Northern Data Group company, completes acquisition of Pennsylvania data center
Ardent Data Centers, a Northern Data Group company, has finalized the acquisition of a data center in Pittsburgh, Pennsylvania, USA. The 5MW site will be upgraded to 20MW, expanding Northern Data Group's capacity to meet the demand for High-Performance Computing solutions. The retrofitting of the site with the latest liquid cooling technology will create a cutting-edge, high-density data center environment, further addressing the surging demand for compute power. The strategic choice of Pittsburgh is based on favorable power pricing, low latency to major US eastern hubs, and safety from natural disasters. Ardent Data Centers, with a proven track record of designing and operating high-performance data centers, is at the forefront of delivering greater performance, density, and availability in the most sustainable way. -
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