MARA Holdings has completed its acquisition of a 64% stake in French data center firm Exaion, following approval from the French government due to national sovereignty concerns. The $168 million deal, announced on Friday, is part of a strategic partnership with NJJ Capital, which will acquire a 10% stake in MARA France. This alliance aims to bolster Exaion’s capabilities in secure cloud services and high-performance computing, positioning it as a leading digital infrastructure provider in Europe. Exaion’s Board will feature representatives from MARA, EDF Pulse Ventures, NJJ, as well as its CEO and co-founder, further integrating the interests of these stakeholders in the growing data center market.
MARA Holdings completes majority stake acquisition in Exaion
