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Mergers & Acquisitions ·

Axe Compute acquires Duos GPUaaS entity, assuming $87.8M debt and paying $42.9M over 60 months

DUOTDuos Technologies Group, Inc.

Duos Technologies Group sold its GPU-as-a-Service subsidiary to Axe Compute for approximately $42.9 million in monthly installments over five years. The transaction closed on September 30, 2026, with Axe assuming roughly $87.8 million of the SPV's pre-existing debt and agreeing to a deferred purchase price of $715,000 per month for 60 months. Duos will lease capacity from Axe under a new five-year agreement, shedding approximately $98.1 million in prospective equipment financing to focus on AI colocation infrastructure. Duos Technologies Group provides modular architecture data center colocation and infrastructure solutions.

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