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IREN (#IREN) Completes Mirantis Acquisition to Expand AI Cloud Platform | THINKSABIO
Aug 4, 2026 · ThinkSabio Inc
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IREN (NASDAQ: IREN) has completed its acquisition of Mirantis, issuing approximately 12.6 million shares, along with $40 million in cash and other consideration. The acquisition adds AI cloud software, workload orchestration, and monitoring capabilities while expanding IREN's enterprise customer base to more than 1,500 organizations. It also strengthens IREN's NVIDIA AI ecosystem through k0rdent and DGX OS integration, supporting its evolution into a full-stack AI infrastructure and cloud platform provider.
Sector: AI Infrastructure / Cloud Computing
Key Highlights
🤝 Completed the acquisition of Mirantis
💰 Transaction includes 12.6 million shares and $40 million in cash
☁️ Adds AI cloud software, orchestration, and monitoring capabilities
🏢 Expands IREN's reach to 1,500+ enterprise customers
🖥️ Strengthens NVIDIA AI ecosystem with k0rdent and DGX OS integration
📈 Acquisition has already supported multiple new AI Cloud contracts
Why It Matters
The acquisition accelerates IREN's transition from AI infrastructure to a full-stack AI cloud platform, expanding its enterprise software capabilities while strengthening its position in the rapidly growing AI cloud market.
Read More:
https://www.thinksabio.com/reports/isr/IREN
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