Rumble Considers $1.2B Acquisition of Northern Data
Originally Published 5 months ago — by TipRanks
U.S.-based Rumble is exploring a $1.2 billion takeover of Germany's Northern Data to expand into AI infrastructure, with the deal potentially giving Rumble control of Northern Data's GPU-heavy cloud unit and data centers. The move has impacted stock prices, with Rumble's shares rising and Northern Data's falling, and analysts see significant upside potential for Rumble stock.
