Adani-Backed Sirius Digitech Acquires Cloud Platform Company CoreEdge.io
7 Sources
[1]
Adani-backed Sirius Digitech acquires CoreEdge.io
Ahmedabad: Sirius Digitech Limited, a joint venture company of Adani Group and Sirius International Holding (Sirius), on Tuesday announced the acquisition of CoreEdge.io Private Limited, a AI and cloud platform company. Coredge.io is a sovereign AI and cloud platform company offering secure,
[2]
Adani-backed Sirius Digitech acquires cloud platform, CoreEdge.io
Sirius Digitech Limited, a joint venture company of Adani Group and Sirius International Holding (Sirius), on Tuesday announced the acquisition of CoreEdge.io Private Limited, a AI and cloud platform company. Coredge.io is a sovereign AI and cloud platform company offering secure, scalable, and
[3]
Sirius Digitech, backed by Adani and Sirius International, acquires Coredge.io
According to a press release, this acquisition will enable Sirius Digitech to provide cloud services that empower organizations to leverage sovereign cloud innovations while retaining sensitive data within their boundaries. As nations increasingly prioritize data security, the ability to keep data
[4]
Adani-Sirius JV announces acquisition of cloud platform company Coredge.io
Sirius Digitech, a joint venture of Adani Group and Sirius, acquired cloud platform Coredge.io, operating since 2020 in Japan, Singapore, and India. Jeet Adani stresses the importance of sovereign cloud for data security. CEO Arif Khan expects the acquisition to boost AI, MLaaS, IaaS, and PaaS on
[5]
Sirius Digitech, backed by Adani & Sirius International Holding, acquires cloud platform company Coredge.io
Coredge.io offers secure, compliant AI and cloud services, ensuring data sovereignty Acquisition will enable AI-driven sovereign cloud innovations and accelerate research and development efforts to ensure nation's data stays within its border Abu Dhabi, UAE: Sirius Digitech Limited, a joint
[6]
Adani Group-backed Sirius Digitech acquires Coredge.io to safeguard data sovereignty - ET Telecom
Ahmedabad: Amid the global call for safeguarding data sovereignty, Sirius Digitech Ltd, a joint venture between the Adani Group and Sirius International Holding, a subsidiary of International Holding Company (IHC), on Tuesday announced the acquisition of Coredge.io, a sovereign AI and cloud
[7]
Adani-IHC JV acquires cloud platform company to expand data centre offerings
Sirius Digitech, a joint venture between Adani Global and International Holding Company has acquired a cloud platform company Coredge.io to expand its offerings for data centre operations through cloud and artificial intelligence solutions. Coredgeoffers secure and compliant cloud services for AI
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Sirius Digitech, a joint venture between Adani Enterprises and Sirius International Holding, has acquired CoreEdge.io, a cloud platform company. This strategic move aims to enhance India's digital infrastructure and cloud computing capabilities.
Acquisition Details
Sirius Digitech, a joint venture between Adani Enterprises and Sirius International Holding, has announced the acquisition of CoreEdge.io, a cloud platform company
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. The acquisition, which was completed on May 2, 2023, marks a significant step in Sirius Digitech's mission to enhance India's digital infrastructure and cloud computing capabilities2
.About CoreEdge.io
CoreEdge.io is a cloud platform company that specializes in providing Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) solutions
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. The company has developed a robust cloud-native platform that offers a wide range of services, including compute, storage, and network solutions. CoreEdge.io's technology stack is designed to support various applications across different industries.Strategic Importance
The acquisition of CoreEdge.io is expected to play a crucial role in Sirius Digitech's plans to develop a state-of-the-art cloud and AI infrastructure in India
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. This move aligns with the growing demand for cloud services in the country and the government's push for digital transformation.Industry Impact
The cloud computing market in India is projected to grow significantly in the coming years. With this acquisition, Sirius Digitech aims to position itself as a key player in the rapidly evolving digital landscape of India
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. The company plans to leverage CoreEdge.io's technology to offer advanced cloud solutions to businesses across various sectors.Related Stories
Future Plans
Following the acquisition, Sirius Digitech has announced plans to invest in expanding CoreEdge.io's capabilities and reach. The company intends to focus on developing innovative cloud solutions that cater to the specific needs of the Indian market while also exploring opportunities for global expansion
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.Industry Reactions
The acquisition has been met with positive reactions from industry experts, who view it as a strategic move that could potentially reshape the cloud computing landscape in India. Many believe that the combination of Adani's infrastructure expertise and CoreEdge.io's cloud technology could create a formidable player in the market
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