MARA Holdings has finalized its purchase of a 64% stake in Exaion from EDF Pulse Ventures, positioning the firm to lead European AI and high-performance computing infrastructure.
MARA Holdings Completes Strategic Acquisition of Controlling Stake in French Computing Firm Exaion
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MARA France completed the acquisition of a majority stake in Exaion on February 20, 2026, following formal regulatory approval from the French government. The partnership includes NJJ Capital, which took a 10% stake in MARA France, while the EDF Group remains a minority shareholder and a primary anchor customer for the platform.
The transaction was reportedly completed for a total value of approximately $168 million in cash. Exaion currently operates a robust digital footprint including four specialized data centers and 37 petabytes of storage to support high-performance computing (HPC) and secure cloud services across Europe.
“The purpose of the partnership… is to accelerate Exaion’s expansion [and] enable Exaion—based in France—to emerge as a European leader in digital infrastructure,” according to the joint announcement.
🧭 FAQs
• What percentage of Exaion did MARA Holdings acquire in this deal? MARA France officially secured a 64% controlling stake in the French computing firm.
• What was the total valuation of the majority stake acquisition? The transaction for the controlling interest was reportedly valued at approximately $168 million.
• Which other major investor participated in the strategic partnership? Xavier Niel’s NJJ Capital acquired a 10% minority stake in the MARA France entity.
• Will the original parent company remain involved with Exaion? The EDF Group remains a minority shareholder and will continue as a client.
