This month, Capcloud's stock price has taken a significant hit, plummeting by over 16% and nearly halving in value. In light of the unsuccessful restructuring, company staff explained that the target company's lofty valuation expectations, fueled by the current booming storage industry, led to a deadlock in negotiations over the transaction consideration, preventing the two parties from reaching an agreement. Moreover, the company's foundational conditions in the initial stages presented substantial hurdles for the audit and assessment procedures.
Despite the acquisition's setback, staff members underscored that the surge in storage prices serves as a testament to the accuracy of the company management's industry insights. Specifically, they reiterated that storage capacity and computing power are inextricably linked and form the bedrock infrastructure for AI development. The company's overarching future strategy remains steadfast, with a continued emphasis on its AI-centric business layout (the term "layout" is retained here for HTML consistency, though it translates directly to "layout" in English).
