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Applied Digital Set to Divest Cloud Business and Merge with EKSO, Creating a New Entity
2025-12-30 /
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Author：小编
On December 29 (local time), Applied Digital, a developer and operator in the digital infrastructure sector, revealed its strategic move to spin off its cloud - computing business. Simultaneously, it has entered into a non - binding term sheet agreement with EKSO for a proposed business merger. Once the transaction is finalized, the newly formed company will be christened 'ChronoScale Corporation.' In this new corporate structure, Applied Digital is projected to own roughly 97% of the shares. The entire transaction is anticipated to reach completion in the first half of 2026.
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