AcquisitionsJun 18, 2026, 09:07 AM
Luda Technology to Acquire 55% of Asia AI Quantum Tech for $935K
AI Summary
Luda Technology Group Limited signed a memorandum of understanding to acquire a 55% stake in Asia AI Data Centre & Quantum Technology Company Limited for a total consideration of $935,000, comprising $400,000 in cash and $535,000 in ordinary shares. This strategic move marks Luda Technology's entry into the data centre and AI computing infrastructure industry. Asia AI Quantum Technology focuses on data centre development support and advanced cooling systems for AI, and Luda Technology anticipates realizing revenue from this new AI-related services business segment.
Key Highlights
- Luda Technology signed an MOU to acquire 55% shares in Asia AI Data Centre & Quantum Technology.
- The total acquisition consideration is $935,000.
- Consideration includes $400,000 in cash.
- Consideration includes $535,000 in ordinary shares of Luda Technology.
- This marks Luda Technology's strategic entry into the data centre and AI computing infrastructure industry.
- Asia AI Quantum Technology focuses on data centre development support and advanced cooling systems for AI.
Price Impact
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