Global law firm K&L Gates has advised Centuria Capital Group (ASX: CNI) and ResetData on the acquisition of NVIDIA graphics processing units (GPUs) for deployment across Centuria-owned and third-party data centres. The firm also advised on a Master Services Agreement with CDC Data Centres for an initial 7MW allocation and letter of intent for an increase to 10MW.<\/p>\n
K&L Gates advised on the technology procurement and commercial arrangements underpinning the transaction, working closely with ResetData to address the novel issues arising from the financing and acquisition of high-value AI infrastructure.<\/p>\n
The acquisition supports the expansion of ResetData’s AI infrastructure platform and its ability to meet growing demand for sovereign AI computing.<\/p>\n
ResetData Co-Founder and Joint-CEO Bass Salah said: \u201cThe K&L Gates team\u2019s deep technology experience and commercial judgement gave us the confidence to navigate a number of difficult issues and deliver an outcome that will progress ResetData\u2019s customer deployment and our AI infrastructure pipeline.\u201d<\/p>\n
The K&L Gates team was led by technology partner Cameron Abbott<\/a> and\u00a0special counsel Allison Wallace<\/a> and Rob Pulham<\/a>, with support from corporate partner Naomi Philp<\/a>.<\/p>\n
K&L Gates is a globally integrated law firm trusted by sophisticated clients to deliver market leading legal counsel across jurisdictions and industries. Operating as one firm worldwide, K&L Gates combines deep local insight with seamless global coordination to address clients\u2019 most complex legal and business challenges. Guided by a relentless focus on client service, the firm delivers practical, high impact solutions with consistency, efficiency, and a clear emphasis on results.<\/p>\n","protected":false},"excerpt":{"rendered":"Global law firm K&L Gates has advised Centuria Capital Group (ASX: CNI) and ResetData on the acquisition of…\n","protected":false},"author":2,"featured_media":5690,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,46],"class_list":["post-587884","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/587884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=587884"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/587884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/5690"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=587884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=587884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=587884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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