Yondr Group Acquisition, Valuation, Funding & Investors

Wangsu Science & Technology Co Ltd is a China-based company engaged in the provision of telecommunication value-added services. It is mainly engaged in the provision of a content delivery network (CDN) services, Internet data center (IDC) services, and cloud service integrated solutions. The company operates its business in domestic and overseas markets.

Lambda is an AI cloud computing company headquartered in San Jose, California, that provides GPU infrastructure for training and running machine learning models. It was founded in 2012 by Stephen Balaban and Michael Balaban and began by selling deep learning workstations and servers. Its products now include on-demand GPU cloud instances, reserved multi-node clusters, supercomputers built on Nvidia accelerators, colocation, and the Lambda Stack software distribution for AI frameworks. It builds and leases data centre capacity to AI developers, enterprises, research institutions and government agencies. Revenue comes mainly from usage-based and contract-based cloud compute, together with hardware sales. The company is financed by venture equity and asset-backed debt secured on the GPUs it deploys.

Khazna is a Dubai-headquartered operator of wholesale data centers across the UAE. It designs, builds, and manages Tier III-certified facilities in locations including Abu Dhabi, Dubai, and Sharjah, delivering carrier-neutral colocation, cloud connectivity, and managed hosting services. The company supports hyperscale deployments with capacities exceeding 100 MW, emphasizing seismic-resistant structures, advanced cooling systems, and 100% uptime SLAs. Khazna serves telecom operators, financial institutions, and government entities, expanding to Saudi Arabia with a 30 MW facility launched in 2023.

NextDC operates 17 data centers in Australian cities with a focus on colocation and interconnection between enterprises, global cloud, and ICT providers and telecommunication networks. It has another 2 data centers in Asia and 13 data centers in development or planning stage in Australia, Asia and New Zealand. NextDC provides physical space, cooling, power and security services and offers optional technical and project management support. The company’s tenants store their servers within the data center and can connect to each other, to and between global public cloud providers and telecommunication network providers via physical and virtual connections. Colocation services allow enterprises to enhance security of data transmission and reduce latency.

Bersama Digital Infrastructure is a digital infrastructure holding company incorporated in Singapore as Bersama Digital Infrastructure Asia Pte. Ltd. It is controlled by the Indonesian groups Provident Capital and PT Saratoga Investama Sedaya Tbk. The platform owns the controlling stake in PT Tower Bersama Infrastructure Tbk, an Indonesia-listed independent telecommunications tower company. It is also the vehicle through which its owners pursue investments in towers, fibre and data centres across Southeast Asia, including a majority stake in the Philippine tower company Alliance Towers. Revenue comes from tower leasing to mobile operators through its operating subsidiaries. A Macquarie Asset Management-led consortium holds a minority stake alongside the two founding shareholders.

Applied Digital Corp is a U.S. based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (HPC) workloads, including artificial intelligence (AI), machine learning, and other accelerated-compute applications. It design, build, and operate high-performance, sustainably engineered data centers which it refer to as AI factories and deliver that capacity to investment-grade hyper scalers and other compute customers under long-term lease and hosting arrangements. The company has two segments Data Center Hosting Business, and HPC Hosting Business. The company generates majority of revenue from Data Center Hosting Business segment. Its solutions are Digital Infrastructure, and AI Factories.

Insight Enterprises Inc is a Fortune IT provider engaged in helping businesses of all sizes, large enterprises, government agencies, schools, and healthcare organizations. The company has three geographic operating segments: North America, EMEA, and APAC. It generates maximum revenue from the North America segment. The company provides digital workplace, cloud/data center transformation, IT modernization, Cyber Security and supply chain optimization solutions and services.

INWIT is an Italian tower and wireless infrastructure company that builds and manages shared digital infrastructure used by mobile operators. It was founded in 2015 as a spin-off from TIM and merged with the tower business of Vodafone Italy in March 2020, after which it entered the FTSE MIB index. The company is listed on Euronext Milan and is headquartered in Milan. Its assets include towers, small cells, distributed antenna systems for indoor coverage and Wi-Fi and IoT solutions, offered under a tower-as-a-service model. In 2025 INWIT reported consolidated revenues of 1,077.2 million euros and EBITDA of 984.4 million euros, and it guides to revenues of 1,050 to 1,090 million euros for 2026. Its largest shareholders include Central Tower Holding, which holds 37.6% of the share capital, and an investment vehicle of Ardian.

Global Switch is a London-headquartered owner, operator and developer of large-scale, carrier- and cloud-neutral data centres in Europe and the Asia-Pacific region. It leases space, power and connectivity in multi-tenant facilities to telecommunications carriers, cloud and internet providers, financial institutions and other enterprises, earning revenue from long-term colocation contracts. In 2019 it had 12 data centres with four more under construction, and for 2018 it reported revenue of £398.9 million and EBITDA of £274.7 million. The company was founded in 1998; the Reuben Brothers' Aldersgate Investments took full control in 2007 and turned the loss-making business around. Aldersgate sold a 49% stake to the Elegant Jubilee consortium, led by Jiangsu Shagang Group, for £2.4 billion in 2016, a 24.99% stake to Strategic IDC for £2.1 billion in 2018 and its final 24.01% to Shagang for £1.8 billion in 2019, leaving the business entirely under Chinese ownership. In October 2024 Global Switch agreed to sell Global Switch Australia, two adjoining 26MW data centre sites in the Sydney CBD, to HMC Capital for A$2.12 billion.

Yotta Infrastructure is a Mumbai-headquartered data center operator, part of the Hiranandani Group, managing India's largest hyperscale parks in Greater Noida and Panvel. Launched in 2021, the company offers colocation, cloud services via Yotta D1, managed security, and connectivity with capacities exceeding 500 MW. It hosts clients like Google Cloud and NVIDIA, achieving Tier 3+ certifications. Yotta Infrastructure spans 4 million square feet, supporting AI workloads and edge computing across India with fiber connectivity to Mumbai financial hubs.

Oracle Corp Japan is an information technology company. Its products cover database management, enterprise resource planning, supply chain management, data warehousing, customer relationship management, middleware, business intelligence, and application products. The firm provides cloud solutions, business solutions, industry solutions, mobile solutions, technology solutions and consulting, financing, training, cloud, and others. The company operates through three reportable segments: Cloud & License, Hardware Systems, and Services.

GDS Holdings started as an IT service provider in 2001, then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China, and it has also started expanding into Southeast Asia via the now 23% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.

Lumen Technologies is one of the largest telecommunications carriers serving global enterprises. The merger with Level 3 in 2017, the 2022 divestiture of much of its local phone business in rural areas, and the 2026 sale of its remaining consumer fiber network to AT&T have shifted the company’s operations away from the legacy consumer business and toward enterprises services, which account for about 90% of revenue. Lumen offers businesses a full suite of communications services, providing colocation and data center services, data transportation, phone service, and internet access.

D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.

Nxera is a regional data-centre business backed by Singtel and KKR. It operates data-centre capacity in Singapore and develops additional facilities with local partners in Southeast Asian markets. The business serves hyperscale cloud providers, enterprises and users of high-performance computing infrastructure. Its services combine secure facilities, power and cooling with access to telecommunications networks and connectivity services. Singtel launched the Nxera brand in January 2024 after establishing a partnership with KKR for the regional data-centre business. The platform has developed projects in Singapore, Thailand, Indonesia and Malaysia. Its Malaysian expansion involved a corporate joint venture with Telekom Malaysia to develop and operate an initial campus in Johor.

Rigetti Computing Inc builds quantum computers and the superconducting quantum processors that power them. The Company sells 9-qubit to 108-qubit quantum computing systems under the Novera and Cepheus trade names. Through the Rigetti Quantum Cloud Services (QCS) platform, the Company's machines can be integrated into any public, private or hybrid cloud. The Company also operates in Fremont, California; London, United Kingdom; Adelaide, Australia; British Columbia, Canada and Mumbai, India. The Company's revenue is derived from operations in the United States and the United Kingdom.

Core Scientific Inc is engaged in designing, building, and operating digital infrastructure for high-density colocation services and digital asset mining. The business operates in three operating segments: Digital Asset Self-Mining, consisting of performing digital asset mining for its own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and Colocation, consisting of providing high-density colocation services to third parties for AI / HPC operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment.

Vultr is a Miami-headquartered cloud infrastructure platform offering NVIDIA GPUs, AMD CPUs, and GPUs in 32 global regions. Founded in 2014, it provides bare metal servers, cloud compute, managed Kubernetes, databases, storage, and networking services. Recognized by IDC as a Major Contender in the 2025 Public Cloud MarketScape, Vultr supports AI workloads for enterprises via hourly billing and a marketplace of integrated partners.