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CleanSpark signed a definitive agreement to acquire substantially all assets and operations of Pioneer Custom Electrical Products, a designer and manufacturer of custom electrical equipment, from Pioneer Power Solutions. Closing is anticipated by June 30, 2018.
“With the acquisition of Pioneer CEP, we've secured a specialized, vendor agnostic hardware solution, which, when coupled to our proprietary adaptive controls platform, allows for a simplified business development model, ease of deployment and opportunity for rapid growth.”investors.cleanspark.com
Summarized from public sources; check the original articles before acting on it.