BRISBANE, AUSTRALIA -- Megaport Limited (ASX: MP1), the world’s leading Network-as-a-Service (NaaS) provider, announced it has entered into an agreement to acquire Latitude.sh, a leading global Compute-as-a-Service company delivering high-performance CPU and GPU infrastructure on demand.

Following completion of the acquisition, the combined capabilities will create a global platform that unites Megaport’s private, high-speed connectivity fabric with Latitude.sh’s compute infrastructure, enabling enterprises to rapidly deploy and connect critical workloads across more than 1,000 data centres in 26 countries.

“Megaport has long been trusted by the world’s largest enterprises to move workloads seamlessly between data centers and the cloud,” said Michael Reid, CEO of Megaport. “By bringing Latitude.sh into the fold, we’re extending that promise beyond the network, and into high-performance, optimized compute, complementing cloud providers. Together, we will not only serve the massive traditional compute market but will also open the door to the explosive AI infrastructure space and the hyper-growth market of inference.”

Gui Soubihe, CEO of Latitude.sh, added: “This is a tremendous opportunity to extend our compute platform—capable of deploying dedicated CPUs and GPUs on demand—into the world’s largest Network-as-a-Service provider. The combination of Latitude.sh’s on-demand optimized compute with Megaport’s global private high-speed network will create a cutting-edge globally automated Infrastructure-as-a-Service platform.”

Latitude.sh provides high-performance CPU and GPU infrastructure, in 20 key markets across 10 countries, combining simplicity, speed, and scalability. With developer-friendly APIs, predictable billing, and the ability to deploy workloads in as little as five seconds, the platform empowers Latitude’s 1150+ customers to scale compute resources for enterprise applications, high-performance blockchain nodes, SaaS, gaming, adtech, and streaming services. With an advanced fleet of over 7700 servers and dedicated NVIDIA AI clusters, Latitude supports inference, fine-tuning, and training workloads for startups, large enterprises, and service providers alike.

By integrating Latitude.sh into Megaport’s global private high-speed network, enterprises will be able to spin up compute and seamlessly interconnect it with clouds, partners, and over 1000 data centers worldwide.

“This acquisition marks a new chapter for Megaport,” Reid continued. “We are building an industry-leading platform where network and compute converge globally. This positions Megaport at the heart of the hybrid cloud and AI-driven future.”

The transaction is expected to close on or before 31 December 2025, subject to the satisfaction of customary closing conditions and approvals.