Capital Markets · Last 30 days · 14 Sep – 14 Oct 2026

Every deal across the AI-infrastructure stack, with its terms.

M&A, stakes, asset and campus purchases, IPOs and financings — from datacentres and neoclouds to power, cooling, chips and the contractors who build it. Every row carries its source and a confidence grade; terms we cannot source stay blank.

In the window: 34 deals and 5 listing events across 7 sectors, plus 8 talks and reports tracked separately and never counted.

YOUR ACCESSVisitorYou see deal headlines and counts. Values and key terms are free with Compute Open.

Thirty-day summary

34
deals: M&A, stakes, asset and campus purchases
5
listing events: IPOs, filings, de-SPACs
12 of 39
entries with a disclosed USD value
8
talks and reports, stored but never counted in totals

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Counted entries by sector

  • Datacentres, land & REITs 16
  • Cooling & thermal 7
  • Semiconductors & optics 6
  • Neoclouds & AI factories 5
  • EPC & construction 2
  • Electrical equipment 2
  • Power generation 1

Window 14 Sep 2026 – 14 Oct 2026. Method: USD values only where the value is in USD or the source reported a USD conversion; each deal counted once; talks, raise targets and market capitalisations excluded. Not investment advice.

Deals Tracker

Deals in the 30-day window, all sectors, newest first
DateDealValueKey termsStatus · grade
3C (backed by Longbow, S2G, Apogem, QIC) → Datalec Precision Installations (UK)
Cooling & thermal · Merger → "3C Datalec"
Value shown with Compute OpenTerms free with Compute Open →
Announced/completed (not specified)
Confirmed
Aether Infrastructures (French consortium: SiPearl, 2CRSi, Nhood, Dassault Systèmes) → Dumarey Powerglide former gearbox plant, Strasbourg (90 ha)
Datacentres, land & REITs · Asset purchase (preliminary sale agreement)
Value shown with Compute OpenTerms free with Compute Open →
Preliminary agreement
ReportedSingle source
Flex (FLEX) → EPC Power
Electrical equipment · Acquisition (100%)
Value shown with Compute OpenTerms free with Compute Open →
Closed 14 Oct
Confirmed
Foresight Autonomous (FRSX) → 50.01% of Polish DC development co. (holds 66.67% of Warsaw & Wroclaw projects)
Datacentres, land & REITs · Controlling stake (non-binding term sheet)
Value shown with Compute OpenTerms free with Compute Open →
Non-binding term sheet
Confirmed
Prime Intellect (neocloud, ~$1B valuation as of Jul) → Moondream (open-source model developer, <10 staff)
Neoclouds & AI factories · Acquisition (acqui-hire)
Value shown with Compute OpenTerms free with Compute Open →
Announced
ReportedSingle source
Corris / Kerui Si (301314.SZ) → 100% of Shenzhen Honggang Optoelectronic Packaging (optical-comms housings, laser packages)
Semiconductors & optics · Acquisition (intent agreement; shares + cash + supporting fundraise)
Value shown with Compute OpenTerms free with Compute Open →
Trading halted 13 Oct; plan pending
Confirmed
Malaysia Steel Works (Masteel) → 51% of Anpec Global Corp
EPC & construction · Majority stake
Value shown with Compute OpenTerms free with Compute Open →
Announced; shareholder/regulatory approval; target close by end-2026
Confirmed
PT SMPlus Digital Investama (SM+, Sinar Mas) → Princeton Digital Group's Indonesian enterprise DC business
Datacentres, land & REITs · Acquisition (definitive agreement)
Value shown with Compute OpenTerms free with Compute Open →
Announced; closing conditions pending
Confirmed
Suzhou Tianmai Thermal (301626.SZ) → 100% of Hainan Siyang Investment, giving 56.675% (diluting to ~51%) of Chengdu Zhongleng (semiconductor chillers, immersion cooling)
Cooling & thermal · Acquisition (signed equity purchase agreement)
Value shown with Compute OpenTerms free with Compute Open →
Signed
Confirmed
Firmus Grid (Firmus Technologies)
Neoclouds & AI factories · IPO (ASX), withdrawn
Value shown with Compute OpenTerms free with Compute Open →
Withdrawn; may try Nasdaq in 2027
Confirmed
Gorilla Technology (GRRR) → Operating US data centre (unnamed)
Datacentres, land & REITs · Acquisition (non-binding LOI)
Value shown with Compute OpenTerms free with Compute Open →
LOI; target completion end-Nov 2026
Confirmed
XMax (XMAX) → 100% of Hexa Creation (1200V vertical GaN)
Semiconductors & optics · Acquisition (definitive SPA)
Value shown with Compute OpenTerms free with Compute Open →
Signed
Confirmed
Microsoft → ~600 acres, Woodward, Iowa
Datacentres, land & REITs · Land purchase
Value shown with Compute OpenTerms free with Compute Open →
Closed
ReportedSingle source
Pioneer Acquisition I Corp (PACH, SPAC) → Green AI Cloud (Stockholm)
Neoclouds & AI factories · De-SPAC merger
Value shown with Compute OpenTerms free with Compute Open →
Signed; close expected Q2 2027; requires PACH shareholder vote
Confirmed
Kunshan Kosen Technology (603626.SH) → 53.26% of Huizhou Zhangu Technology (liquid-cooling cold plates, manifolds)
Cooling & thermal · Majority stake (capital increase CNY210M + share purchase CNY290M)
Value shown with Compute OpenTerms free with Compute Open →
Announced; SSE inquiry
Confirmed
Simple Mining → Sphere 3D (now DarkHorse) Iowa bitcoin-mining site
Datacentres, land & REITs · Asset purchase
Value shown with Compute OpenTerms free with Compute Open →
Closed
Confirmed
Kohlberg & Co. → Majority of Advanced Industrial Devices (from Black Bay Partners)
Cooling & thermal · PE buyout (majority)
Value shown with Compute OpenTerms free with Compute Open →
Completed
Confirmed
Macquarie Capital → Stake in Zerra DC (Singapore developer; AU/JP/IN projects)
Datacentres, land & REITs · Minority/strategic equity stake
Value shown with Compute OpenTerms free with Compute Open →
Announced
ReportedSingle source
Middle River Power → Panoche Energy Center (gas, Firebaugh CA), from Ares Infrastructure fund
Power generation · Asset acquisition
Value shown with Compute OpenTerms free with Compute Open →
Closed
Confirmed
Navitas Semiconductor (NVTS) → Claros (VPD/IVR power delivery)
Semiconductors & optics · Acquisition
Value shown with Compute OpenTerms free with Compute Open →
Closed 6 Oct
Confirmed
Axe Compute (AGPU) → Duos Edge AI – GPUaaS LLC (SPV of Duos Technologies)
Neoclouds & AI factories · Carve-out acquisition (100% equity)
Value shown with Compute OpenTerms free with Compute Open →
Closed
Confirmed
DayOne Data Centers
Datacentres, land & REITs · IPO filing (F-1, Nasdaq "DODC")
Value shown with Compute OpenTerms free with Compute Open →
Filed; price range TBD
Confirmed
Infineon → C2i Semiconductors (Bengaluru)
Semiconductors & optics · Acquisition
Value shown with Compute OpenTerms free with Compute Open →
Closed 5 Oct
Confirmed
DataBank → Building housing MSP2 DC, Eagan MN (previously leased)
Datacentres, land & REITs · Asset purchase
Value shown with Compute OpenTerms free with Compute Open →
Closed
Confirmed
Keppel DC REIT (88.62%) + Keppel Ltd (1.38%); Colt DCS keeps 10% → Tokyo Data Centre 4 & 5, Inzai (from Colt DCS)
Datacentres, land & REITs · Asset acquisition (90%)
Value shown with Compute OpenTerms free with Compute Open →
Completion reported 1–3 Oct
Confirmed
onsemi (ON) → Synaptics (SYNA)
Semiconductors & optics · Revised merger: all-stock → all-cash
Value shown with Compute OpenTerms free with Compute Open →
Announced (revised); FTC cleared; Synaptics vote pending; close by mid-2027
Confirmed
Accelevation Holdings (ACCV); Olympus Partners selling
Cooling & thermal · IPO (Nasdaq)
Value shown with Compute OpenTerms free with Compute Open →
Listed
Confirmed
Suzhou Huazhijie (603400.SH) → Suzhou Geli Ming (semiconductor test sockets, probes): 16.49% for CNY80M cash on 24 Sep + 83.51% via shares/cash
Semiconductors & optics · Acquisition to 100%
Value shown with Compute OpenTerms free with Compute Open →
Plan announced; needs SSE/CSRC approval
Confirmed
Eaton (ETN) → COL Group (Italy, MV switchgear), from Oaktree Power Opportunities
Electrical equipment · Acquisition
Value shown with Compute OpenTerms free with Compute Open →
Announced; close Q1 2027; regulatory approvals
Confirmed
Vertiv (VRT) → King Environmental Services (Ireland; liquid-cooling fluid mgmt / commissioning)
Cooling & thermal · Acquisition
Value shown with Compute OpenTerms free with Compute Open →
Announced; close Q4 2026
Confirmed
Nvidia → SB Energy (SoftBank data-centre/energy developer)
Datacentres, land & REITs · Strategic equity (directed issue)
Value shown with Compute OpenTerms free with Compute Open →
Agreed; IPO delayed
ReportedSingle source
Shanghai Longcheer (603341.SH) → Suzhou Anruike (DC infrastructure products)
Datacentres, land & REITs · Revised terms of controlling-stake purchase
Value shown with Compute OpenTerms free with Compute Open →
Revised
ReportedSingle source
Nscale
Neoclouds & AI factories · IPO filing (S-1, NYSE "NSCL")
Value shown with Compute OpenTerms free with Compute Open →
Filed; range TBD
Confirmed
European infrastructure investor (unnamed) → PGIM EVP II development site, Unterschleissheim (Munich)
Datacentres, land & REITs · Asset sale
Value shown with Compute OpenTerms free with Compute Open →
Closed (sold)
Confirmed
Host Digital (NYSE American "HOST") → Host Digital Infrastructure LLC (Site I, NE Oklahoma)
Datacentres, land & REITs · De-SPAC / listing; ROFO on sponsor Site II
Value shown with Compute OpenTerms free with Compute Open →
Merger closed; Site II pending
Confirmed
Magnora Data Center (MDATA.OL, 52.7%-owned by Magnora) → 50% of Risti Kampus OÜ (JV with Sunly)
Datacentres, land & REITs · JV stake
Value shown with Compute OpenTerms free with Compute Open →
Closed 18 Sep
Confirmed
AIB Data Centers (AIB) → Two adjacent Texas parcels: 5.0 ac (15 MW energised) + LLC holding 24.4 ac (40 MW FEA)
Datacentres, land & REITs · Asset + LLC interest purchase
Value shown with Compute OpenTerms free with Compute Open →
Closed
Confirmed
AirJoule Technologies (AIRJ) → BitSink (cooling, electrical distribution, racking)
Cooling & thermal · Acquisition
Value shown with Compute OpenTerms free with Compute Open →
Completed
Confirmed
Loenbro → Prism Electric (TX/OK electrical contractor)
EPC & construction · Acquisition (largest in Loenbro's history)
Value shown with Compute OpenTerms free with Compute Open →
Completed
ReportedSingle source

39 of 39 entries shown.

Grades: CONFIRMED = company release or two independent sources; REPORTED = single source. “calc.” marks our arithmetic on reported figures, never a reported multiple. Talks and rumours are shown separately and never counted in totals.

Closing calendar · Standard and above

Pending deals

19 deals are agreed or announced and not yet closed.

The closing calendar is in Standard and above.

See plansSign in

IPO & listings pipeline · Standard and above

IPOs and listings

9 listing events and reports in the window, including IPOs in the pipeline that are not yet counted.

The IPO and listings pipeline is in Standard and above.

See plansSign in

Financing tape · Plus and Pro in full

Financings

The full financing tape is in Plus and above.

See plansSign in

Deal comparables · Plus and above

Deal comparables

Deal comparables are in Plus and above.

See plansSign in

Deals archive · Plus and above

Archive

The deals archive is in Plus and above.

See plansSign in

Talks and reports

Talks, rumours and IPO-pipeline reports are stored but never counted in totals.

  • — AirTrunk (Blackstone/CPP) Singapore REIT IPO TALKS · NOT COUNTED Single source
  • — Amazon – Decart TALKS · NOT COUNTED Single source
  • — Nvidia – Reflection AI TALKS · NOT COUNTED Single source
  • — Bain Capital – Edged (Koch) TALKS · NOT COUNTED
  • — MARA – HIF Matagorda (2 GW powered land) TALKS · NOT COUNTED Single source
  • — SB Energy TALKS · NOT COUNTED Single source
  • — Westinghouse TALKS · NOT COUNTED Single source
  • — Holtec TALKS · NOT COUNTED Single source

Details and sources for talks are free with Compute Open. Sign up with your email — no card.

What each plan sees

Visitors: deal headlines and counts. Compute Open (free): the 30-day table with headline values and key terms, talk details and a weekly Capital Markets email. Standard: full terms, metrics and sources, the closing calendar and the IPO pipeline. Plus: the archive, deal comparables and the full financing tape. Pro: CSV and API.

How to read the register

Confirmed
A company release, or two independent sources.
Reported
A single source. Talks and reports are always graded Reported.
Single source
Only one source was found for the entry.
calc.
Our arithmetic on reported figures ($/MW, $/GPU, EV/sales), never a reported multiple.
Sources
Every register entry carries links to its sources, labelled Source 1, Source 2. Terms we cannot source stay blank.
Totals
Each deal is counted once. Newly announced value is kept apart from closings, repricings and listings; talks are never counted.
Our summaries
Deal descriptions are our own summaries, never reproduced article text; the original publisher is named where known.