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Nixxy Acquires EDGE Assets to Boost AI Expansion

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Nixxy Acquires EDGE Assets to Boost AI Expansion

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Nixxy ( (NIXX) ) just unveiled an update.

On August 13, 2025, Nixxy Inc. announced the acquisition of EDGE data center assets from Everythink Innovations Limited, a move aimed at accelerating its AI infrastructure rollout and market expansion. The $3.65 million transaction will enhance Nixxy’s operational capacity and revenue scale, adding $48 million in annual recurring revenue from telecom services. This acquisition positions Nixxy as a significant player in the AI data infrastructure sector, with strategic assets in North America and plans for further expansion in Europe and Asia.

Spark’s Take on NIXX Stock

According to Spark, TipRanks’ AI Analyst, NIXX is a Underperform.

Nixxy’s significant financial challenges, including declining revenues, high leverage, and negative cash flows, substantially weigh down the stock score. Technical analysis indicates a bearish trend, and the negative P/E ratio highlights valuation concerns. The lack of earnings call and corporate events leaves these factors unchanged.

To see Spark’s full report on NIXX stock, click here.

More about Nixxy

Nixxy Inc. (NASDAQ:NIXX) is a technology company specializing in AI-powered business services across telecom, healthcare, and enterprise markets. The company is anchored by its proprietary AI Infrastructure platform, providing scalable and secure infrastructure for deploying private AI at scale. Nixxy focuses on platform extensibility, data monetization, and data access models, aiming to build the foundation for future enterprise AI deployment and the private data economy.

Average Trading Volume: 247,044

Technical Sentiment Signal: Sell

Current Market Cap: $36.87M

Learn more about NIXX stock on TipRanks’ Stock Analysis page.

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