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Activeport Group Ltd (ASX:ATV)

ALERT: Price-sensitive ASX Announcement for ATV
Current share price for ATV : $0.016 0.009 (128.57%)+
Announcement
Release
24 Mar 2026 8:15AM
Price at Release
$0.007
Full Release
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Summary
Activeport Group Ltd (ASX: ATV) announced a strategic acquisition by Submer Technologies of their GPU software partner, Radian Arc Limited. This move is expected to accelerate Radian Arc’s cloud gaming growth, fueled by Activeport’s GPU orchestration and streaming software. Activeport holds a valuable equity stake in the combined entity, estimated at over $1 million. The acquisition reinforces Activeport's technology ecosystem, potentially increasing software license revenues as Radian Arc expands its cloud gaming and AI services globally. Activeport’s software is pivotal in deploying distributed GPU resources, and this partnership with Radian Arc is poised to generate further commercial opportunities.
Key Points
  • Activeport Group Ltd announces that Submer Technologies has acquired Radian Arc Limited.
  • The acquisition is expected to boost cloud gaming growth powered by Activeport's GPU software.
  • Activeport retains a strategic equity stake valued over $1M in the combined business.
  • Activeport's software underpins Radian Arc's cloud gaming platform, aiding in GPU resource deployment.
  • The transaction is anticipated to increase software license revenue as Radian Arc grows.
  • Activeport and Radian Arc have a long-standing partnership in GPU-based infrastructure for cloud gaming.
  • Submer’s acquisition of Radian Arc is expected to expand their AI and GPU infrastructure globally.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.