IREN
IREN-🇦🇺 Australia
- Price
- $21.30
- as of Nov 6, 2026
- Market cap
- $9.0B
- as of Nov 6, 2026
M&A
Mirantis, Inc.
Aug 4, 2026Mirantis, 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.
Key info
- 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
History (2 stages)
- May 7, 2026Intent disclosed— First mentioned during Q3 FY26 results as an upcoming acquisition strengthening AI Cloud delivery.
- Aug 4, 2026Completed— Acquisition of Mirantis, Inc. completed.
Ingenostrum, S.L. (Nostrum Group)
Jun 15, 2026Ingenostrum, S.L. (Nostrum Group) is a developer of grid-connected AI data centers based in Spain.
Key info
- Adds ~490MW of secured, grid-connected power in Spain, plus an additional development pipeline
- 50+ person team across development, engineering, construction and operations
- Marks IREN's entry into the European AI infrastructure market
- Operations continue under the IREN brand
- Financial consideration not disclosed
History (2 stages)
- May 7, 2026Intent disclosed— First mentioned during Q3 FY26 results as an upcoming acquisition adding 490MW in Spain.
- Jun 15, 2026Completed— Acquisition of Ingenostrum, S.L. (Nostrum Group) completed.