Megaport Limited has completed the acquisition of Latitude.sh, marking a significant evolution in its service offering. The deal extends Megaport’s reach from Network-as-a-Service into the fast-growing high-performance computing market. Latitude.sh specialises in automated, globally deployable compute infrastructure that enables customers to scale workloads rapidly.
With this addition, Megaport can now offer on-demand CPU and GPU resources alongside its established network connectivity platform. The Company views this as a natural expansion that broadens its value proposition for enterprise, cloud and AI-focused customers.
Megaport’s CEO, Michael Reid, said the combination allows the business to support both traditional dedicated compute needs and the rapidly accelerating world of AI training and inference, positioning Megaport at the forefront of next-generation cloud-edge infrastructure.
Strategic Impact: Strengthening Position in AI and Compute Markets
The acquisition boosts Megaport’s relevance in areas undergoing rapid transformation. As more organisations build AI-driven applications and require low-latency access to compute resources, the ability to pair Megaport’s global network fabric with Latitude.sh’s automated compute layer creates a streamlined, end-to-end platform.
Latitude.sh already serves more than a thousand customers across multiple countries, providing Megaport with a broadened global footprint and immediate cross-selling opportunities. The merged capabilities allow customers to provision high-performance compute and private network connections within minutes, supporting use cases across data-intensive workloads, machine learning, edge deployments and hybrid cloud architectures.
Share Purchase Plan Progressing Toward December Close
Alongside the acquisition news, Megaport confirmed that its Share Purchase Plan (SPP) remains open, giving eligible Australian and New Zealand shareholders the opportunity to invest up to AU$30,000 each in new shares. The Company aims to raise up to AU$20 million, with applications subject to potential scale-back depending on demand.
The SPP is set to close on 4 December 2025, with share allotment anticipated on 11 December 2025. The offer includes no brokerage costs, providing retail investors a pathway to participate in the Company’s next phase of growth.
Outlook
With the Latitude.sh acquisition completed and the SPP underway, Megaport is preparing for an expanded strategic role across connectivity, compute, and AI-focused infrastructure. The Company believes the strengthened technology stack and global reach position it for accelerated growth as demand for flexible, high-performance digital infrastructure continues to rise.
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Megaport Completes Acquisition of Latitude.sh and Advances Major Share Purchase Plan
Highlights
Acquisition Expands Megaport’s Technology Footprint
Megaport Limited has completed the acquisition of Latitude.sh, marking a significant evolution in its service offering. The deal extends Megaport’s reach from Network-as-a-Service into the fast-growing high-performance computing market. Latitude.sh specialises in automated, globally deployable compute infrastructure that enables customers to scale workloads rapidly.
With this addition, Megaport can now offer on-demand CPU and GPU resources alongside its established network connectivity platform. The Company views this as a natural expansion that broadens its value proposition for enterprise, cloud and AI-focused customers.
Megaport’s CEO, Michael Reid, said the combination allows the business to support both traditional dedicated compute needs and the rapidly accelerating world of AI training and inference, positioning Megaport at the forefront of next-generation cloud-edge infrastructure.
Strategic Impact: Strengthening Position in AI and Compute Markets
The acquisition boosts Megaport’s relevance in areas undergoing rapid transformation. As more organisations build AI-driven applications and require low-latency access to compute resources, the ability to pair Megaport’s global network fabric with Latitude.sh’s automated compute layer creates a streamlined, end-to-end platform.
Latitude.sh already serves more than a thousand customers across multiple countries, providing Megaport with a broadened global footprint and immediate cross-selling opportunities. The merged capabilities allow customers to provision high-performance compute and private network connections within minutes, supporting use cases across data-intensive workloads, machine learning, edge deployments and hybrid cloud architectures.
Share Purchase Plan Progressing Toward December Close
Alongside the acquisition news, Megaport confirmed that its Share Purchase Plan (SPP) remains open, giving eligible Australian and New Zealand shareholders the opportunity to invest up to AU$30,000 each in new shares. The Company aims to raise up to AU$20 million, with applications subject to potential scale-back depending on demand.
The SPP is set to close on 4 December 2025, with share allotment anticipated on 11 December 2025. The offer includes no brokerage costs, providing retail investors a pathway to participate in the Company’s next phase of growth.
Outlook
With the Latitude.sh acquisition completed and the SPP underway, Megaport is preparing for an expanded strategic role across connectivity, compute, and AI-focused infrastructure. The Company believes the strengthened technology stack and global reach position it for accelerated growth as demand for flexible, high-performance digital infrastructure continues to rise.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au