FTC gives Musk the OK to acquire SpaceX alumni startup Mesh | TechCrunch
Summary
Elon Musk is moving toward acquiring Mesh Optical Technologies, a startup founded by former SpaceX engineers. The company builds optical hardware for faster, more energy-efficient data center communications. Mesh surfaced publicly only recently after raising a $50 million Series A led by Thrive Capital. The deal could help SpaceX improve the efficiency of its data centers and strengthen a growing compute business.
Classifications
industries
Fintech & Banking
applications
ERP & Process Management
AI Classifications
Labels
Financial News
Media