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Nexion Sells Networks, Bets Big on Data Centre AI Software

7:06pm on Thursday 29th of January, 2026 AEDT Technology
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Nexion Sells Networks, Bets Big on Data Centre AI Software

7:06pm on Thursday 29th of January, 2026 AEDT
Key Points
  • Sale of Nexion Networks and Blue-Sky Telecom for $4.55 million
  • Shift to core focus on data centre infrastructure and FuseAI platform
  • Recurring vendor finance repayments and maintenance contracts provide steady income
  • Convertible notes terminated with liabilities assumed by Pier DC Pty Ltd
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