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News  ›  GlobeNewswire Inc.

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

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bhaskar Panigrahi
ConnectM Acquires Geo Impex, Securing Regulatory-Approved Site for AI-Driven Data Center and Multimodal Logistics Park Development

ConnectM Technology Solutions acquired Geo Impex, gaining 76 acres near Chhatrapur, Odisha, India, to develop an AI-enabled Energy Intelligence Data Center and Multimodal Logistics Park, expanding its infrastructure and technology capabilities.

Insights
QUBT   neutral

Mentioned as a publicly traded competitor to Rigetti, with no specific performance details provided


CNTM   positive

Company is expanding its business through strategic acquisition, entering new market segments, and developing innovative technology platforms