GREE - Mergers and acquisitions

HOUSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Data Journey LLC, a leading woman and minority-owned data center provider, is proud to announce the acquisition of its third property, the Spartanburg site, from Greenidge Generation Holdings Inc. (NASDAQ:GREE) for $12.1 million. The purchase is a significant milestone for Data Journey as it marks their entry into the South Carolina market and supports the company's aggressive growth trajectory. Under the leadership of CEO and Founder Dr. Ishnella Kaur Azad, Data Journey is focused on building a more inclusive, sustainable, and scalable future for the data center industry. As the first woman and minority-owned company in this sector, Data Jou

 Acquires 12-Acre Property in Mississippi with Power Expandable to 32.5 MW Secures Lease in North Dakota with Access to 7.5 MW of Power Latest Expansions Underscore Continued Focus and Implementation of Strategic Growth Initiatives to Increase Profitability Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it has expanded its U.S. footprint with access to 40 MW of low-cost power through property expansions in Mississippi and North Dakota. Greenidge purchased 12 acres with 32.5 MW of mining capacity in Mississippi and is in the process of deploying 7 MW

Virtual Experiences Leader Acquires Ethereal Engine in Share-For-Share Transaction Valuing Infinite Reality at $2.5 Billion and Ethereal Engine at $75 million Entire Ethereal Engine Team, Including Top Executives and Innovators, Has Joined Infinite Reality LOS ANGELES, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Infinite Reality ("iR"), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, and Ethereal Engine ("Ethereal"), a creator of end-to-end frameworks for web-first, social immersive experiences, announced today that the companies have completed a share-for-share acquisition valuing Infinite Reality at $2.5 billion and Ethereal Engine at $75 million. Thi

RealDefense Expands Service Portfolio with the Strategic Support.com Acquisition RealDefense, a leading company specializing in consumer security, privacy, and productivity software and support services, announces its successful acquisition of Support.com from parent company Greenidge Generation Holdings, Inc. (NASDAQ:GREE). This strategic move is part of RealDefense's ongoing mergers and acquisitions (M&A) and roll-up strategy, aimed at expanding its service offerings. The acquisition includes Support.com's customer base, call center operations, and related domain names, as well as its remote IT support technology platform and services businesses, including Remote IT Helpdesk and Conne

Fourth Quarter 2021 Highlights Total revenue increased to $44.3 million, up 617% year-over-yearCryptocurrency datacenter revenue increased to $33.7 million, up 676% year-over-yearGAAP net loss was $41.4 million for the fourth quarter, including a $42.3 million noncash goodwill impairment charge related to the Support.com business, as compared to a net loss of $0.8 million in the prior yearAdjusted EBITDA of $19.1 million – in line with February 2022 guidance of $18 million to $20 millionAdjusted EBITDA margin of 43.2%, compared to 19.2% in the prior yearProduced 609 bitcoins in the fourth quarterMining capacity of approximately 1.4 EH/s from 17,300 miners as of December 31, 2021Adjusted net