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WHTop → 📋 News → H.I.G. Capital Acquires Majority Stake in PolarDC for European Expansion
H.I.G. Capital Acquires Majority Stake in PolarDC for European [...]
H.I.G. Capital Acquires Majority Stake in PolarDC for European Expansion
📅 - H.I.G. Capital, a global alternative investment firm with $65 billion in assets under management, has announced that one of its affiliates has acquired a majority stake in PolarDC Group, a European-based company specializing in the design, construction, and management ofdata centerinfrastructure.
PolarDCs primary focus is on high-performance computing (HPC) applications, including artificial intelligence (AI) workloads. The acquisition is expected to support Polars expansion and accelerate the development of its data center projects across Europe. Financial details of the acquisition were not disclosed.
Polars first major data center, located in Norway, is set to have a capacity of 48 [...][... Check source for end of article ...]
Tags: Data Center
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