IREN Limited announced on August 4, 2026, that it has completed its acquisition of Mirantis, Inc., closing on August 3, 2026. The transaction was settled through the issuance of approximately 12.6 million ordinary shares, fixed at signing, plus cash, restricted stock units, and other consideration totaling approximately $40 million as of closing. This strategic move integrates Mirantis' cloud software capabilities into IREN's vertically integrated AI Cloud platform, enhancing its offerings in AI workload orchestration and monitoring for hyperscalers and enterprises. The acquisition supports IREN's strategy to serve a diverse customer base across bare metal and managed cloud services. IREN Limited operates as a vertically integrated artificial intelligence cloud provider, delivering large-scale data centers and compute infrastructure for AI training and inference.
