Carrier Connect Data Solutions Inc. Completes Acquisition of Australian Data Center

Core Insights - Carrier Connect Data Solutions Inc. has completed the acquisition of Nexion W1 DC Pty Ltd, enhancing its international expansion strategy in the data center sector [1][2][3] Group 1: Acquisition Details - The acquisition involved 100% of the issued shares of Nexion W1 for an aggregate purchase price of AUD $2.5 million, which includes AUD $200,000 in cash at closing, AUD $100,000 payable six months later, and AUD $2.2 million under a secured vendor financing arrangement repayable over 25 years at 9% interest [3] - The Nexion W1 facility operates a 2 Megawatt Tier II/III data center in Perth, Australia, servicing the Asia Pacific region, marking a significant milestone for the company [2][3] Group 2: Strategic Importance - The acquisition strengthens the company's presence in the Asia-Pacific market and complements its Vancouver-based operations, allowing better service to AI companies and co-location enterprises [4] - The Nexion W1 facility is expected to generate sticky monthly recurring revenue of approximately AUD $65,000 and has the potential to generate up to AUD $350,000 per month in revenue without new capital investment, with current rack utilization at less than 20% [4] Group 3: Company Mission and Operations - Carrier Connect Data Solutions aims to consolidate Tier II/III data centers internationally, focusing on co-location and data center solutions for AI companies, service providers, enterprises, and small businesses [6] - The company operates as a carrier-neutral organization, with its principal markets being Vancouver, Canada, and Perth, Australia, serving clients who utilize its facilities as primary or ancillary data centers [6]