Arteris Inc. is in exclusive negotiations to acquire Stack Infrastructure’s Asia-Pacific data centers. The company is part of a consortium alongside BlackRock and IFM Investors. The potential transaction values the assets between $20 billion and $25 billion.
The investment group is preparing due diligence to finalize an agreement with owner Blue Owl Capital Inc. This strategic move aims to capitalize on infrastructure demand driven by AI and cloud computing expansion.
Arteris specializes in on-chip interconnect technology for system-on-chip designs. The majority of the company’s current revenue is generated within the Asia-Pacific region.
Recent filings show significant insider selling of AIP stock over the last three months. The company currently trades at a high Price-to-Sales ratio.