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AI data center operator IREN is buying infrastructure software provider Mirantis for $625 million in an all-stock transaction to boost AI workload deployment.
Artificial intelligence data center operator IREN Ltd. has announced plans to acquire infrastructure management software provider Mirantis Inc. in an all-stock transaction valued at $625 million [2]. The acquisition marks a significant evolution for IREN, which originally launched in 2018 as an Australian bitcoin mining startup called Iris Energy before rebranding in early 2024 to focus on AI infrastructure [2].
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IREN is an AI data center operator that provides a public cloud platform and custom AI data center solutions for customers.
Mirantis' flagship product is k0rdent, a platform that enables administrators to manage multiple Kubernetes clusters through a centralized interface.
Yes, Mirantis CTO Shaun O’Meara stated that the company's contributions to projects like k0rdent, Kubernetes, and OpenStack will continue and remain open source.
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · May 31, 2026 · How we report