Brief: DigitalOcean Acquires Paperspace To Expand AA Offerings

DigitalOcean Holdings

06/07/2023 13:16

July 6 (Reuters) - DigitalOcean Holdings Inc  DOCN.N :
    * DIGITALOCEAN ACQUIRES PAPERSPACE TO EXPAND AI OFFERINGS
    * DIGITALOCEAN HOLDINGS INC - UNDER TERMS OF TRANSACTION,
DIGITALOCEAN ACQUIRED PAPERSPACE FOR $111 MILLION IN CASH
    * DIGITALOCEAN HOLDINGS INC - ACQUISITION IS EXPECTED TO
HAVE AN
IMMATERIAL IMPACT ON 2023 FINANCIAL RESULTS

Source text for Eikon:  ID:nBw1Y8lBFa 
Further company coverage:  DOCN.N 

 ((reuters.briefs@thomsonreuters.com;))