IREN Limited has signed a definitive agreement to acquire Mirantis, Inc. for approximately $630 million.

Published: 2026-05-05 11:31:46 ET IREN

Published on 05/05/2026 at 11:31 am EDT

IREN Limited (NasdaqGS:IREN) has signed a definitive agreement to acquire Mirantis, Inc. for approximately $630 million on May 5, 2026. The consideration consists of common equity of IREN Limited having a value of $625 million to be issued for common equity of Mirantis, Inc. Upon completion, Mirantis is expected to operate as a standalone subsidiary, continuing to serve its existing customer base while supporting IREN?s AI Cloud deployments. The transaction is subject to customary closing conditions, including required regulatory approvals.