>>
Technology>>
Cloud>>
Sirius Digitech Limited Acquir...The acquisition aims to leverage Coredge.io’s capabilities to tap into the trillion-dollar global opportunity for sovereign cloud services
Leading sovereign AI and cloud platform provider Coredge.io Private Limited has entered into an acquisition deal with Sirius Digitech Limited, a collaboration involving the Adani Group and Sirius International Holding (a subsidiary of International Holding Company). Founded in 2020, Coredge.io has rapidly expanded its client base across Japan, Singapore, and India. The company provides enterprise and government clients with cloud solutions that are compliant, scalable, and secure. Its innovative approach to sovereign cloud technology has positioned it as a leader in providing highly secure and scalable cloud solutions. Accelerating hyper-local cloud service providers while guaranteeing strict data sovereignty and compliance safeguards is Coredge.io's area of proficiency. Due to its specialization, Coredge has been able to develop a comprehensive solution stack for independent data centers, which includes everything from bare metal servers to cutting-edge services based on open-source technologies, such as Platform as a Service (PaaS) and Infrastructure as a Service (IaaS).
The acquisition aims to leverage Coredge.io’s capabilities to tap into the trillion-dollar global opportunity for sovereign cloud services. Sirius Digitech is committed to investing in and supporting Coredge.io's growth, enabling it to provide Machine Learning as a Service (MLaaS) as applications are developed on its infrastructure. This strategic move underscores Sirius Digitech’s dedication to meeting evolving customer requirements worldwide, further solidifying its position in the global AI and cloud technology market.