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/C O R R E C T I O N -- Synteq Digital/

Acquisition includes Texas data centers and repair facilities, expanding Synteq's services to meet growing high-performance computing and AI hardware demand.

  • The corrected release on Feb. 9, 2026, stated Synteq Digital closed a strategic acquisition of HMTech's operating assets from Wilmington, Del.
  • Synteq Digital is expanding into GPU lifecycle management to meet booming HPC and AI hardware demand and extend asset lifecycles, the company said.
  • Joining the buyer, most of HMTech's management and employees will join Synteq, and the acquired assets include HMTech's operating business, specialized repair facilities, and two Texas data center sites with up to 30MW capacity.
  • The transaction creates a GPU Repair and Refurbishment Division built on HMTech's ASIC repair expertise, enabling Synteq to service enterprise data center operators and digital compute industry clients.
  • Advisers on the deal included Keefe, Bruyette & Woods and Cozen O'Connor LLP, with a majority of the consideration settled in equity, aligning Synteq, HMTech leadership, and investors.
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/C O R R E C T I O N -- Synteq Digital/

In the news release, , issued 09-Feb-2026 by Synteq Digital over PR Newswire, we are advised by the company that the headline should read "Synteq Digital Closes Acquisition of HMTech Operational and Strategic Data Center Assets, Expanding into ASIC and…

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citybiz broke the news in on Monday, February 9, 2026.
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