Rumble Advances Bid To Acquire Northern Data To Boost Cloud Computing Capabilities
Rumble Inc. (NASDAQ:RUM) has finalized an acquisition deal with Germany’s Northern Data AG (OTC:NDTAF) that will significantly enhance its cloud computing capabilities.
Acquisition Of Northern Data, Tether Advertising Commitment
According to the agreement, Rumble will exchange 2.0281 of its Class A shares for each Northern Data share. If all shares are tendered, Northern Data shareholders will own about 30.4% of the merged company.
The deal will add roughly 22,400 Nvidia (NASDAQ:NVDA) GPUs to Rumble’s technology assets—comprising 20,400 H100s and 2,000 H200s—along with four company-owned data centers and multiple co-located facilities across Europe and the U.S.
In another announcement on Monday, Rumble agreed on a $100 million advertising commitment with Tether, representing $50 million per year over a two-year period, beginning in the first quarter of 2026.
“Northern …
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