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Inveniam Capital Partners Acquires Storj to Advance Decentralized Data Infrastructure

CoinDesk
Inveniam Capital Partners has acquired decentralized cloud storage provider Storj to integrate its technology into Inveniam's data platform.

Summary

Inveniam Capital Partners has signed an agreement to acquire Storj, a decentralized cloud storage company, aiming to integrate Storj’s distributed storage and compute capabilities into Inveniam’s data operating and orchestration platform for private markets. Financial details were not disclosed. Storj will continue operating as a standalone subsidiary under CEO Colby Winegar, with no immediate changes to service contracts or pricing. Inveniam's CEO, Patrick O’Meara, expressed excitement about integrating the STORJ token into their ecosystem to drive utility. Storj's Executive Chair, Ben Golub, will join Inveniam’s board, and all existing customer and community relationships will remain in place.

(Source:CoinDesk)