Acquisition
Reliance Global Group acquires Oblivus
Reliance Global Group bought the assets of Oblivus, a GPU cloud provider and marketplace operator, from Skyportal Inc. through its new subsidiary GPU Exchange Corp. It paid $3,000,000 in cash at closing, with up to $750,000 more contingent on revenue milestones. The business operates under the GPU Exchange brand.
asset purchase · Completed · $3.0M · reported
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d488a121-de5a-49cc-834e-69d4c3015411Parties
- Acquirer
- Reliance Global Group
- Acquired
- Oblivus
Timeline
- Closed
- 2026-11-03
Acquired assets (1)
- product line Oblivus on-demand GPU cloud platform and GPU marketplace
Sources (2)
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