Datasection Inc. [3905.T]

TOKYO, Jun 04 (Pulse News Wire) – Datasection Inc. (3905.T) announced today that its subsidiary, DATASECTION CLOUD LIMITED, entered into a purchase agreement with ASRock Rack Incorporation for 587 GPU servers equipped with NVIDIA's B200 chips.

The deal, worth approximately $257.4 million, includes 1,489 B200 GPUs and is scheduled for delivery between July and August 2026. The acquisition supports Datasection’s expansion strategy in Asia Pacific, particularly focusing on enhancing AI cloud services and GPU computing capabilities. The servers will be deployed in a new data center in Thailand aimed at serving major clients requiring stringent technical specifications and performance standards.

Key details of the transaction include: - Purchase price: $257.4 million (initial contract value was $234 million, adjusted based on market conditions) - Delivery schedule: July-August 2026 (phased delivery) - Customer contracts: Expected to be finalized between June and July 2026 In addition, Datasection plans to finance the purchase through advance payments from customers, loans, and proceeds from exercising subscription rights for the 23rd tranche of warrants. The company anticipates that discussions with potential lenders are progressing well, securing loan commitments. However, should customer prepayments or warrant exercises lag behind, temporary borrowing might increase.

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