Deal facts
- Buyer
- Axe Compute, Inc.
- Target
- Duos Edge AI – GPUaaS, LLC
- Deal value
- USD 87,800,000
- Announced
- 5 October 2026
- Status
- Completed
- Sector
- Technology
- Country
- United States
- Consideration
- cash, deferred
Sources
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2 updates- CompletedClosed
Axe Compute, Inc. completes acquisition of Duos Edge AI – GPUaaS, LLC
Item 1.01 Entry into a Material Definitive Agreement. On September 30, 2026, Duos Technologies Group, Inc. (the “Company”) entered into an Equity Purchase Agreement with Axe Compute, Inc. (“Axe”) pursuant to which the Company sold 100% of the issued and outstanding membership interests in Duos Edge AI – GPUaaS, LLC (the “SPV”), a Delaware limited liability company, which was wholly-owned by the Co
Source - CompletedClosed
Axe Compute Inc. completes acquisition of Duos Edge AI – GPUaaS, LLC
Item 1.01. Entry into a Material Definitive Agreement. On September 30, 2026, Axe Compute Inc. (the “Company”) entered into an Equity Purchase Agreement, pursuant to which the Company acquired 100% of the issued and outstanding membership interests in Duos Edge AI – GPUaaS, LLC (the “SPV”), a Delaware limited liability company, which was wholly-owned by Duos Technologies Group, Inc. (“Duos”) prior
Source
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Buyer history
Axe Compute, Inc.
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