- SWI Stoneweg Icona Group has agreed to acquire a majority position in Polarise,
a leading European NVIDIA Cloud Partner. - The deal will further strengthen SWI Group’s data center and AI strategy through
the addition of GPU-as-a-Service and AI-as-a-Service capabilities to SWI’s own
2.3 GW AiOnX data centre platform - Polarise’s valuation set at EUR 0.5 billion once the SWI Group investment
completes - SWI commits EUR 1.0 billion to grow Polarise’s digital infrastructure strategy
- The transaction gives Polarise full infrastructure and financial backing to foster its
expansion and create a major European AI digital infrastructure player.
SWI Stoneweg Icona Group has agreed to acquire a majority stake in Polarise, a European
NVIDIA Cloud Preferred Partner, (including a EUR 100 million equity investment for
operations), marking a natural extension of the Group’s data centre strategy into AI
compute. The transaction brings GPU- and AI-as-a-Service capabilities onto the AiOnX
platform and supports SWI Group’s focus on building scalable, income-generating digital
infrastructure across Europe.”
The transaction will capitalize the combined knowledge and experience of the respective
teams, while seeking to roll out additional capabilities and expedite new pipeline
execution with strategic hires across key functions.
Based in Germany, Polarise is a one-stop AI digital infrastructure provider with a focus on
building the underlying infrastructure for AI and providing high-performance computing
(HPC) capacities via its hardware and software o erings. Polarise is both a Preferred
NVIDIA Partner, and also an o icial NVIDIA Cloud Service Provider. Polarise has recently
launched the first industrial-scale AI Factory in Germany in partnership with Deutsche
Telekom and NVIDIA, following their first AI factory in Oslo, Norway. Polarise focus on
delivering best-in-class services to leading Enterprise and Sovereign AI computing
requirements, backed by 15 years of experience.
This new partnership will secure all future financial requirements to expand the o ering
of Polarise and it will leverage AiOnX’s 2.3GW existing Europe-wide platform to rapidly
expand compute deployment across the continent and gain market presence in other
European countries.
Beyond the acquisition of the strategic stake in Polarise, SWI Group has committed a
further EUR 1.0 billion towards the partnership’s site pipeline expansion and buildout that
will create cutting-edge AI factories powered by NVIDIA’s latest GPUs. The EUR 1bn
commitment reflects SWI’s conviction in the structural growth of AI compute demand in
Europe and the need for well-capitalised, integrated platforms to serve it. This allocation
will enable the activation of each party’s respective pipelines, granting Polarise the
capital towards the execution of already secured acquisitions, while empowering SWI to
convert its opportunity set with stronger dedication due to higher control over the future
operational element.
Max-Hervé George, Founder and CEO of SWI Group comments: “We are extremely
excited about partnering up with such an esteemed player in the GPU- and AI-as-a
Service business, allowing us to extend our existing investment in data centers to
encompass the critical operating elements pertaining to GPU compute and client
interface. Our ambition targets the creation of the foremost digital infrastructure
developer and operator in Europe. We cannot imagine a better way to do it than with the
extraordinary team at Polarise.”
Michel Boutouil, Founder and CEO of Polarise, further states: “The partnership with
SWI Group will allow us to significantly accelerate our mission and reach new frontiers
within a much shorter period of time – precious time that Europe needs to recoup in the
global AI race. Having such a solid funding commitment from a partner that precisely
understands our ambitions, along with a vast existing power supply across strategic
European locations, is a great basis for the further development of much-needed digital
infrastructure in Europe.”
Together, SWI Group, AiOnX and Polarise are building an integrated European AI
infrastructure platform spanning power, compute and delivery.”
This press release contains or may contain inside information within the meaning
contemplated by the EU Market Abuse Regulation (596/2014).
Media Enquiries:
Adrian Flook, CT Group (aflook@ctgroup.com and +44 7768 608396)
Michala Chatel, CMO SWI Group (mchatel@swi.com and +971 58 592 07 69)
Marc Gazivoda, CMO Polarise GmbH (m.gazivoda@polarise.eu and +49 159 04119718)
Investor Enquiries:
SWI Capital Holding
Margaux Hirzel, Investor Relations
investorrelations@swi.com
