Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Deutsche Boerse AG
  5. Northern Data AG
  6. News
  7. Summary
    NB2   DE000A0SMU87

NORTHERN DATA AG

(NB2)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Northern Data : successfully closed the sale of its Texas data center to Riot Blockchain, Inc.

05/27/2021 | 04:59am EDT
Frankfurt am Main - May 27, 2021 - Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) a leading infrastructure supplier for Bitcoin mining and other HPC infrastructure solutions, successfully completed the sale of its U.S. subsidiary Whinstone US, Inc., which operates a high-performance data center facility based in Rockdale, Texas, to Riot Blockchain, Inc. (NASDAQ: "RIOT"). The consideration for the transaction consists of approximately EUR 67 million in cash and 11.8 million shares of common stock of Riot Blockchain, Inc. As a result of the transaction, Northern Data AG holds approximately 12% of the total outstanding common stock of Riot Blockchain, Inc.

"Today marks an important milestone in Northern Data's young history and its ambition to build a versatile multi-site infrastructure network of efficient high-performance computing sites. With the successful sale and the resulting proceeds thereof Northern Data can further invest in its global asset base focused on providing efficient, fast, green and climate-neutral high-performance computing solutions," says Aroosh Thillainathan, CEO of Northern Data AG.

Greenhill served as exclusive financial adviser, Sullivan & Cromwell LLP acted as legal counsel to Northern Data AG.

Attachments

Disclaimer

Northern Data AG published this content on 27 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 May 2021 08:58:00 UTC.


ę Publicnow 2021
All news about NORTHERN DATA AG
10/06GLOBAL MARKETS LIVE : LVMH, Pepsico, Tesco, Visa, Novartis...
10/06NORTHERN DATA : Rejects German Watchdog's Market Manipulation Claims
MT
10/05NORTHERN DATA : Germany's Northern Data rejects allegations of market manipulation
RE
10/04GLOBAL MARKETS LIVE : Evergrande, Facebook, Merck, Tesla, WM Morrison...
10/04NORTHERN DATA : German Watchdog Sues Northern Data For Market Manipulation
MT
09/30NORTHERN DATA : Publishes Preliminary IFRS Figures for 2020
PU
09/30NORTHERN DATA : publishes corporate strategy as part of the presentation of preliminary IF..
PU
09/30NORTHERN DATA : publishes corporate strategy as part of the presentation of preliminary IF..
EQ
09/30PRESS RELEASE : Northern Data publishes corporate strategy as part of the presentation of ..
DJ
09/30Northern Data Publishes Preliminary IFRS Figures for 2020
DJ
More news
Financials
Sales 2020 134 M 156 M 156 M
Net income 2020 28,7 M 33,3 M 33,3 M
Net cash 2020 109 M 126 M 126 M
P/E ratio 2020 29,5x
Yield 2020 -
Capitalization 669 M 777 M 777 M
EV / Sales 2020 4,17x
EV / Sales 2021 1,11x
Nbr of Employees 8
Free-Float 100%
Chart NORTHERN DATA AG
Duration : Period :
Northern Data AG Technical Analysis Chart | NB2 | DE000A0SMU87 | MarketScreener
Income Statement Evolution
Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 54,50 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Aroosh Thillainathan Chief Executive Officer
Mathias Dńhn Chief Financial Officer
Tom Oliver Schorling Chairman-Supervisory Board
Andreas Lange Chief Technological Officer
Stefan Sickenberger Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
NORTHERN DATA AG-31.70%777
ADOBE INC.29.36%307 828
WORKDAY INC.17.75%69 973
AUTODESK, INC.1.06%68 547
TWILIO INC.5.81%63 450
ROPER TECHNOLOGIES, INC.13.18%51 438