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← IREN
Tue, Aug 4, 2026

IREN completes acquisition of Mirantis

Source file ↗

Key points

  • Acquisition of Mirantis, Inc., a cloud software and services provider, completed via ~12.6 million ordinary shares plus ~$40 million of cash, RSUs and other consideration
  • Deepens IREN's capabilities in AI workload orchestration, monitoring and customer support across its vertically integrated AI Cloud platform
  • Mirantis serves 1,500+ enterprise customers globally and is an inaugural NVIDIA AI Cloud partner

Acquisition

Mirantis, Inc.Completed

Mirantis, Inc. is a leading provider of cloud software and services, serving 1,500+ enterprise customers globally and an inaugural partner of the NVIDIA AI Cloud Ready Initiative.

  • Consideration: ~12.6 million ordinary shares (fixed at signing) plus ~$40 million of cash, RSUs and other consideration at closing
  • Deepens IREN's AI workload orchestration, monitoring and customer support capabilities
  • Brings the open-source k0rdent AI platform, integrated with NVIDIA DSX OS software components
  • Already facilitated several of IREN's announced and prospective AI Cloud contracts

Acquisition of Mirantis, Inc. completed.