DEPLOYDatabase

Acquisition

DigitalOcean acquires Paperspace

DigitalOcean acquired Paperspace for $111M in cash, subject to customary purchase-price adjustments, per its Jul 6 2023 Form 8-K.

full acquisition · Completed · $111.0M · verified


Machine-readable surfaces

5c382c81-f056-48ec-b2dc-750624096bb6

Parties

Acquirer
DigitalOcean
Acquired
Paperspace

Timeline

Announced
2023-07-06
Closed
2023-07-06

Sources (2)

  1. https://investors.digitalocean.com/news/news-details/2023/DigitalOcean-Acquires-Paperspace-to-Expand-AI-Offerings/default.aspx · 2023-07-06
  2. https://www.sec.gov/Archives/edgar/data/1582961/000158296123000023/docn-20230706.htm · 2023-07-06

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