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News  ›  Benzinga

ConnectM Acquires Geo Impex, Securing Regulatory-Approved Site for AI-Driven Data Center and Multimodal Logistics Park Development

Benzinga Logo Benzinga By Globe Newswire
ConnectM Acquires Geo Impex, Securing Regulatory-Approved Site for AI-Driven Data Center and Multimodal Logistics Park Development

ConnectM Technology Solutions acquired Geo Impex, securing 76 acres near Chhatrapur, Odisha, India for developing an AI-enabled Energy Intelligence Data Center and multimodal logistics park, expanding its infrastructure and technology capabilities.

Insights
CNTM   positive

Company is expanding strategic capabilities through acquisition, entering new business verticals, and positioning itself for sustainable industrial growth