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EdgeMode Inc. Announces Acquisition of Synthesis Analytics AB and Entry into AI Data Center Colocation Industry

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EdgeMode Inc. (OTCQB:EDGM) has announced its agreement to acquire Synthesis Analytics AB, marking its entry into the AI data center colocation industry. The acquisition includes a 20,000 m² land freehold in Sweden with 20 MW power capacity. EdgeMode has secured 45 MW of sites for immediate development, reducing Time to Power for AI Compute tenants to less than six months.

Key highlights:

  • 100% renewable energy supply
  • Proprietary immersion cooling technology
  • 400 MW pipeline
  • 3 months Time to Power for initial 20 MW
  • 1100 sqm data center facilities with cooling infrastructure

The acquisition is expected to complete before the end of 2024. EdgeMode focuses on providing edge compute solutions through low-latency colocation in dense urban areas. The company plans to expand to multiple international locations in 2025 and beyond.

EdgeMode Inc. (OTCQB:EDGM) ha annunciato di aver raggiunto un accordo per acquisire Synthesis Analytics AB, segnando il suo ingresso nel settore del colocation dei data center AI. L'acquisizione include un terreno di 20.000 m² in proprietà in Svezia con una capacità di energia di 20 MW. EdgeMode ha garantito 45 MW di siti per sviluppo immediato, riducendo il Tempo per avere energia per gli inquilini di calcolo AI a meno di sei mesi.

Punti salienti:

  • Fornitura di energia 100% rinnovabile
  • Tecnologia di raffreddamento ad immersione proprietaria
  • Pipeline di 400 MW
  • 3 mesi di Tempo per avere energia per i primi 20 MW
  • Strutture del data center di 1100 mq con infrastruttura di raffreddamento

L'acquisizione dovrebbe completarsi entro la fine del 2024. EdgeMode si concentra sulla fornitura di soluzioni di calcolo edge attraverso colocation a bassa latenza in aree urbane dense. L'azienda prevede di espandersi in differenti località internazionali nel 2025 e oltre.

EdgeMode Inc. (OTCQB:EDGM) ha anunciado su acuerdo para adquirir Synthesis Analytics AB, marcando su entrada en la industria de colocation de centros de datos de IA. La adquisición incluye un terreno de 20,000 m² en propiedad en Suecia con capacidad de energía de 20 MW. EdgeMode ha asegurado 45 MW de sitios para desarrollo inmediato, reduciendo el Tiempo hasta Energía para inquilinos de Computación IA a menos de seis meses.

Aspectos clave:

  • Suministro de energía 100% renovable
  • Tecnología de enfriamiento por inmersión propietaria
  • Tubería de 400 MW
  • 3 meses de Tiempo hasta Energía para los primeros 20 MW
  • Instalaciones del centro de datos de 1100 m² con infraestructura de enfriamiento

Se espera que la adquisición se complete antes del final de 2024. EdgeMode se centra en proporcionar soluciones de computación en el borde a través de colocation de baja latencia en áreas urbanas densas. La compañía planea expandirse a múltiples ubicaciones internacionales en 2025 y más allá.

EdgeMode Inc. (OTCQB:EDGM)은 Synthesis Analytics AB를 인수하기로 합의했다고 발표했습니다. 이는 AI 데이터 센터 콜로케이션 산업에 진입하는 것을 의미합니다. 인수에는 스웨덴의 20,000 m² 토지 소유권과 20MW 전력 용량이 포함됩니다. EdgeMode는 즉각 개발을 위한 45MW의 부지를 확보하여 AI 컴퓨팅 세입자에 대한 전력 공급 시간을 6개월 미만으로 단축했습니다.

주요 내용:

  • 100% 재생 가능한 에너지 공급
  • 독자적인 침수 냉각 기술
  • 400MW 파이프라인
  • 초기 20MW에 대한 3개월 전력 공급 시간
  • 냉각 인프라를 갖춘 1100㎡ 데이터 센터 시설

이번 인수는 2024년 말 전에 완료될 것으로 예상됩니다. EdgeMode는 밀집된 도시 지역에서 저지연 콜로케이션을 통해 엣지 컴퓨팅 솔루션을 제공하는 데 집중합니다. 이 회사는 2025년 이후로 여러 국제 위치로 확장할 계획입니다.

EdgeMode Inc. (OTCQB:EDGM) a annoncé son accord pour acquérir Synthesis Analytics AB, marquant son entrée dans l'industrie du colocation des centres de données IA. L'acquisition comprend un terrain de 20 000 m² en pleine propriété en Suède avec une capacité électrique de 20 MW. EdgeMode a sécurisé 45 MW de sites pour un développement immédiat, réduisant le Temps de Pouvoir pour les locataires de calcul AI à moins de six mois.

Points clés :

  • Fourniture d'énergie 100% renouvelable
  • Technologie de refroidissement par immersion propriétaire
  • Pipeline de 400 MW
  • 3 mois de Temps de Pouvoir pour les premiers 20 MW
  • Installations de centre de données de 1100 m² avec infrastructure de refroidissement

L'acquisition devrait être finalisée avant la fin de 2024. EdgeMode se concentre sur la fourniture de solutions de calcul de périphérie grâce à une colocation à faible latence dans des zones urbaines denses. L'entreprise prévoit de s'étendre à plusieurs emplacements internationaux en 2025 et au-delà.

EdgeMode Inc. (OTCQB:EDGM) hat die Vereinbarung zum Erwerb von Synthesis Analytics AB bekannt gegeben, was den Eintritt in die Branche der AI-Datenzentrums-Colocation markiert. Die Übernahme umfasst ein 20.000 m² großes Grundstück im Eigentum in Schweden mit einer Stromkapazität von 20 MW. EdgeMode hat 45 MW an Standorten für sofortige Entwicklung gesichert, wodurch die Zeit bis zur Stromversorgung für AI-Compute-Mieter auf weniger als sechs Monate verkürzt wird.

Wichtige Punkte:

  • 100% erneuerbare Energieversorgung
  • Proprietäre Immersionskühltechnologie
  • 400 MW Pipeline
  • 3 Monate Zeit bis zur Stromversorgung für die ersten 20 MW
  • 1100 m² große Rechenzentrumseinrichtungen mit Kühlinfrastruktur

Die Übernahme wird voraussichtlich vor Ende 2024 abgeschlossen sein. EdgeMode konzentriert sich auf die Bereitstellung von Edge-Computing-Lösungen durch latenzarme Colocation in dicht besiedelten urbanen Gebieten. Das Unternehmen plant, 2025 und darüber hinaus an mehreren internationalen Standorten zu expandieren.

Positive
  • Acquisition of Synthesis Analytics AB, entering the AI data center colocation industry
  • 45 MW of sites secured for immediate development
  • 100% renewable energy supply for operations
  • Proprietary immersion cooling technology enhancing efficiency
  • Rapid expansion plans with 400 MW pipeline
  • Reduced Time to Power of 3 months for initial 20 MW
  • Strategic land acquisition of 20,000 m² with 20 MW Power Purchase Agreement
  • Plans for international expansion in 2025 and beyond
  • Potential uplisting to NASDAQ in the future
Negative
  • Potential need for capital raising to fund future growth
  • Integration challenges may arise from the acquisition process
  • Rapid expansion plans may lead to increased operational risks
  • 100% Renewable Energy Supply

  • Proprietary Immersion Cooling Technology

  • 45 MW Capacity Secured for Immediate Development

  • 400 MW Pipeline

  • Time to Power: 3 Months for Initial 20 MW

  • Land Freehold Secured: 20,000 m² with 20 MW Power Purchase Agreement (PPA)

  • Rental agreement of 1100 sqm data center facilities with cooling infrastructure in place enabling instant start of start green AI Data Center in Sweden.

FORT LAUDERDALE, FL / ACCESSWIRE / October 16, 2024 / EdgeMode, Inc. (OTCQB:EDGM) is pleased to announce its agreement to acquire the operation and assets of Synthesis Analytics AB (Synthesis), marking its entry into the AI data center colocation industry. The acquisition is expected to complete before the end of 2024. This acquisition includes a 20,000 m² land freehold in Marviken, Sweden, with a 20 MW power capacity. A total of 45 MW of sites have been secured for immediate development, reducing Time to Power for EdgeMode AI Compute tenants to less than six months.

Green Credentials: The company's power sources are 100% renewable, with agreements in place to re-use the residual heat created by the data centers through heated water off-take agreements with district heating grids.

Proprietary Immersion Cooling Technology: Synthesis manufactures and sells immersion cooling and heat exchange hardware, making it an ideal fit for developing AI data centers and pivoting to becoming a colocation host.

Vision for Edge Compute Solutions: EdgeMode is committed to providing edge compute solutions through low-latency colocation in dense urban areas. This strategic focus aims to meet the growing demand for high-performance computing in close proximity to end-users, enhancing speed and efficiency.

EdgeMode is led by a global team of experienced tech entrepreneurs with offices in the U.S. and Sweden. Synthesis, currently operating in Sweden, plans to expand to multiple other international locations in 2025 and beyond, supported by large-scale power capacity, patented technology and hardware.

EdgeMode focuses on rapid growth and deploying its initial 45 MW of data center sites, providing high-performance compute solutions. "With the fast pace and demand in the industry, I anticipate raising capital for future growth and moving toward a full uplisting to NASDAQ," stated Charlie Faulkner, CEO of EdgeMode Inc.

Post-acquisition, Charlie Faulkner and Simon Wajcenberg will remain with the company as CEO and CFO, respectively. Dr. Niclas Adler will join the board and serve as CTO.

Charlie Faulkner: Entrepreneur, tech executive, and angel investor with extensive experience in Europe and Silicon Valley. Co-founded North Block Capital and led global business development for Manage.com, growing revenue from $0 to $100M. Advisor to several tech startups and funds.

Simon Wajcenberg: Experienced entrepreneur with a solid track record. Co-founded North Block Capital and founded Stocknet.co.uk and TMN, which was listed on the LSE with a market cap over $100M. Board member and Ernst & Young Entrepreneur of the Year awardee.

Dr. Niclas Adler: 30 years of entrepreneurial experience in building technology companies, investing in technology companies, and developing innovation accelerators in Europe, Asia, the Middle East, and the U.S. Now driving smart energy clusters and green computing innovation through Synthesis Analytics.

About Synthesis Analytics: Established in 2017, Synthesis has been developing proprietary solutions for green HPC (High Performance Computing) and Edge Computing, powered by 100% renewable energy. Processors run with maximum energy efficiency due to specialization. The deployed energy is fully captured and recycled through a proprietary immersion cooling system. In HPC and Edge computing, Synthesis Analytics are unique in offering a completely green solution: Green Computing™ and Intelligent Heating, Powered by Nature.

For more information, please visit: www.synthesis.se

About EdgeMode, Inc. EdgeMode Inc. is a cutting-edge technology company specializing in high-performance computing and colocation data centers. With a focus on sustainability, their operations are powered by 100% renewable energy and feature innovative immersion cooling technology. They aim to provide low-latency edge compute solutions to meet the growing demand for fast and efficient computing. Led by a team of seasoned tech entrepreneurs, EdgeMode is expanding globally, with offices in the U.S. and Sweden. Their recent acquisition of the operation and assets of Synthesis Analytics AB marks a significant step towards becoming a leader in green computing.

For more information, please visit: www.edgemode.io

Forward-Looking Statements: Statements in this press release that are not statements of historical or current fact constitute 'forward-looking statements,' including statements regarding expected closing time, forecasted hosting capacity to come online in 2025, and expectations for expansion and profitability. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the Company's actual operating results to differ materially from any historical or future results expressed or implied by such forward-looking statements.

Contact: hello@edgemode.io

SOURCE: EdgeMode Inc



View the original press release on accesswire.com

FAQ

What company is EdgeMode Inc. (EDGM) acquiring?

EdgeMode Inc. (EDGM) is acquiring the operation and assets of Synthesis Analytics AB, a company specializing in green HPC and Edge Computing solutions.

How much power capacity has EdgeMode (EDGM) secured for immediate development?

EdgeMode (EDGM) has secured 45 MW of sites for immediate development, with a total pipeline of 400 MW.

What is the Time to Power for EdgeMode's (EDGM) initial 20 MW deployment?

The Time to Power for EdgeMode's (EDGM) initial 20 MW deployment is 3 months.

What type of energy does EdgeMode (EDGM) use for its data centers?

EdgeMode (EDGM) uses 100% renewable energy for its data center operations.

When is the acquisition of Synthesis Analytics by EdgeMode (EDGM) expected to complete?

The acquisition of Synthesis Analytics by EdgeMode (EDGM) is expected to complete before the end of 2024.

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