Cartica Acquisition Corp (CITE) to Combine with Yotta in $4.1Bn Deal
Cartica (NASDAQ:CITE) has entered into a definitive agreement to combine with Indian data center firm Nidar Infrastructure, known as Yotta, at an enterprise value of $4.16 billion, or 15.2x its 2025E EBITDA. Yotta provides data center processing infrastructure to software firms with a growing specialization in AI services. Transaction Overview Cartica has an estimated $25
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