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Mergers & AcquisitionsMedium•29 April 2026•

1 min read

Z Squared to Acquire Skycore Digital to Expand AI Infrastructure Capacity

Key Facts

1Z Squared entered into a binding letter of intent to acquire 100% of the membership interests of Skycore Digital LLC.

2The acquisition adds 24 MW of energized AI infrastructure with an expansion path to 42 MW.

Z Squared, Inc. has announced the signing of a binding letter of intent to acquire 100% of the membership interests in Skycore Digital LLC, a specialist in digital infrastructure. This strategic acquisition adds 24 MW of energized AI infrastructure to Z Squared's portfolio, with a defined expansion path to reach 42 MW. Skycore currently operates three active sites in North Carolina, powered by Duke Energy, which will now integrate into Z Squared's vertically integrated model. The move is designed to scale the company's capacity in the high-growth AI and high-performance computing sectors. Analysts view this expansion as a significant step in securing the physical infrastructure necessary to meet surging AI demand. The transaction underscores the company's commitment to becoming a leading provider of specialized digital power solutions.