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The latest update is out from Carrier Connect Data Solutions Inc. ( (TSE:CCDS) ).
Carrier Connect Data Solutions Inc., through its PureColo subsidiary, has signed a non-binding letter of intent to acquire the principal business assets of Carbon60’s Saint John, New Brunswick data center for a total consideration of $1.75 million, paid largely in cash at and shortly after closing, subject to adjustments. The planned acquisition, expected to follow a definitive agreement targeted by mid-February 2026 and contingent on due diligence and regulatory approvals, will extend Carrier Connect’s footprint from British Columbia to Atlantic Canada, add a portfolio of long-term customers, and provide a facility with expansion potential, while allowing Carbon60 to remain in the same facilities and sharpen its focus on cloud consulting and managed services across major cloud platforms for Maritime-region clients.
More about Carrier Connect Data Solutions Inc.
Carrier Connect Data Solutions Inc. is a carrier-neutral data center consolidator focused on rolling up Tier II/III facilities internationally, specializing in co-location and data center services for AI companies, service providers, enterprises and small businesses. The company owns and operates systems within leased space and currently concentrates on the Vancouver and Ottawa markets in Canada and Perth, Australia, serving clients who use its sites as primary or ancillary data centers depending on their requirements.
Average Trading Volume: 47,197
Technical Sentiment Signal: Buy
See more data about CCDS stock on TipRanks’ Stock Analysis page.