Megaport Limited, the world’s leading provider of Network-as-a-Service (NaaS), announced it has entered into an agreement to acquire Latitude.sh, a leading global Computing as a Service company that provides on-demand, high-performance CPU and GPU infrastructure.
Once the acquisition is finalized, the combined capabilities will create a global platform that unites Megaport’s private high-speed connectivity structure with Latitude.sh’s IT infrastructure, enabling businesses to rapidly deploy and connect critical workloads across more than 1,000 data centers in 26 countries.
“Megaport has long been trusted by the world’s largest enterprises to seamlessly move workloads between data centers and the cloud,” said Michael Reid, CEO of Megaport. “By integrating Latitude.sh, we are extending that promise beyond the network to optimized, high-performance computing, complementing cloud providers. Together, we will not only serve the huge traditional IT market, but we will also open the door to the explosive growth space of AI infrastructure and the hyper-growth market of inference.”
Gui Soubihe, CEO of Latitude.sh, adds: “This is a tremendous opportunity to extend our computing platform, capable of deploying dedicated processors and graphics cards on demand, to the world’s largest Network-as-a-Service provider. Combining Latitude.sh’s on-demand optimized computing with Megaport’s high-speed global private network will create a cutting-edge, automated Infrastructure-as-a-Service platform on a global scale.”
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Latitude.sh delivers high-performance CPU and GPU infrastructure across 20 key markets in 10 countries, combining simplicity, speed, and scalability. With developer-friendly APIs, predictable billing, and the ability to deploy workloads in as little as five seconds, the platform empowers Latitude’s more than 1,150 customers to scale their computing resources for enterprise applications, high-performance blockchain nodes, SaaS, gaming, ad tech, and streaming services. Boasting an advanced fleet of over 7,700 servers and dedicated NVIDIA AI clusters, Latitude supports inference, fine-tuning, and training workloads for startups, large enterprises, and service providers.
By integrating Latitude.sh into Megaport’s global high-speed private network, businesses will be able to deploy IT resources and seamlessly interconnect them with clouds, partners, and more than 1,000 data centers worldwide.
“This acquisition marks a new chapter for Megaport,” continues Michael Reid. “We are building a cutting-edge platform where networking and computing converge globally. This positions Megaport at the heart of the hybrid cloud and an AI-driven future.”
The transaction is expected to be completed no later than December 31, 2025, subject to customary closing conditions and required approvals.
Source: Businesswire