{"id":"5c382c81-f056-48ec-b2dc-750624096bb6","slug":"digitalocean-acquires-paperspace-2023","acquirerCompanyId":"4631991b-ab40-4993-ab2f-55b75714806f","acquiredCompanyId":"e957c8c5-cf87-4d8a-ae6c-b9766abaf353","acquirerName":"DigitalOcean","acquiredName":"Paperspace","announcementDate":"2023-07-06T12:00:00.000Z","closeDate":"2023-07-06T12:00:00.000Z","status":"completed","structure":"full_acquisition","valuationUsd":"111000000","valuationBasis":"exact","summary":"DigitalOcean acquired Paperspace for $111M in cash, subject to customary purchase-price adjustments, per its Jul 6 2023 Form 8-K.","sources":[{"url":"https://investors.digitalocean.com/news/news-details/2023/DigitalOcean-Acquires-Paperspace-to-Expand-AI-Offerings/default.aspx","title":"DigitalOcean Acquires Paperspace to Expand AI Offerings","sourceName":"DigitalOcean","publishedAt":"2023-07-06"},{"url":"https://www.sec.gov/Archives/edgar/data/1582961/000158296123000023/docn-20230706.htm","title":"DigitalOcean Form 8-K","sourceName":"SEC","publishedAt":"2023-07-06"}],"verificationPosture":"verified","reviewStatus":"unreviewed","createdAt":"2026-10-12T21:32:52.744Z","updatedAt":"2026-10-12T21:32:52.744Z","acquirerCompany":{"id":"4631991b-ab40-4993-ab2f-55b75714806f","slug":"digitalocean","name":"DigitalOcean"},"acquiredCompany":{"id":"e957c8c5-cf87-4d8a-ae6c-b9766abaf353","slug":"paperspace","name":"Paperspace"},"assets":[]}