# Megaport acquires Latitude.sh: acquisition

Canonical ID: `d20d01db-7c5b-4aa6-a9c4-5323cdadaaa6`

Megaport (ASX: MP1) acquired Latitude.sh for US$150M upfront (US$70M cash and about 7.8M Megaport shares) plus up to US$150M contingent on earnings targets over three years. Completed Nov 2025.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $150.0M (contingent: CVR / earnout)
- **Verification posture:** verified

## Parties

- **Acquirer:** Megaport _(off-registry)_
- **Acquired:** [Latitude.sh](https://registry.deploy.report/companies/latitude-sh.md)

## Timeline

- **Announced:** 2025-11-11

## Sources (2)

1. https://www.businessnewsaustralia.com/articles/megaport-acquires-latitudesh-for-459m.html · 2025-11-11
2. https://www.fierce-network.com/broadband/megaport-weds-compute-and-connectivity-ai-inference


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