Mergers & Acquisitions
By The Online Investor Staff, updated Sun., Sep. 20, 11:43 PM
| This Slide: #91 of 100 |
Slide #91. CleanSpark, Inc. — GridFabric, LLC
Acquirer:
CleanSpark, Inc. (NASDAQ:CLSK)
Acquiree:
GridFabric, LLC
Details:
CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company has completed a strategic acquisition of GridFabric, LLC. Further, CleanSpark is pleased to announce that the principals of GridFabric, Mr. Ben Dupont and Mr. Matt Hale will be joining the CleanSpark team. The Company's website can be found at www.gridfabric.io.
CleanSpark is engaged in the business of providing energy software and control technology that enables a plug-and-play enterprise solution. The main assets of Co.'s Distributed Energy Management business include its propriety software systems (Systems) and also its engineering and methodology trade secrets. The Systems allows customers to design, engineer, and then manage renewable energy generation, storage and consumption. At its Gasifier business, Co.'s technology converts any organic material into SynGas. SynGas can be used as renewable, warming fuel for power plants, motor vehicles, and as feedstock for the generation of Di-Methyl Ether.
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Avg. Broker Rec.
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