TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Benzinga

ConnectM Acquires Amperics, Expanding Keen Labs' Portfolio and Advancing the Future of Virtual Power Plants & Energy-Intelligent AI Data Centers

Benzinga Logo Benzinga By Globe Newswire
ConnectM Acquires Amperics, Expanding Keen Labs' Portfolio and Advancing the Future of Virtual Power Plants & Energy-Intelligent AI Data Centers

ConnectM Technology Solutions has acquired Amperics, a developer of hybrid battery-supercapacitor technology, to enhance its virtual power plant and energy-intelligent AI data center capabilities. The acquisition will integrate Amperics' technology into Keen Labs and expand ConnectM's distributed energy resources strategy.

Insights
CIFR   neutral

Valued as if full approved power portfolio is converted, estimated ~$125 million annualized cash operating profits


CNTM   positive

Company is expanding its technological capabilities, acquiring innovative technology, and strategically positioning itself in emerging energy markets