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Fort recently acquired a 50.1% interest in Logia USA, which holds an exclusive U.S. license for automated fuel-integrity systems, positioning Logia USA to pursue commercialization of standby-power fuel maintenance solutions as the global data center market is projected to grow to approximately US$7…
Nexera Technologies said its subsidiary Fort Technology will acquire a majority stake in Logia USA, targeting the growing data center backup-power market.
Nexera Technologies' subsidiary Fort Technology signs agreements to acquire a majority stake in Logia USA
Fort Technology stock declines 11.42% to $1.13 on Thursday after a period of extreme volatility following its Nasdaq debut