http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Tue, 05 May 2026 09:00:36 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Corporate+News/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html <p>ConnectM Technology Solutions Inc. (OTC: CNTMD) announced it will divest its India business and logistics land infrastructure asset to Blue Cloud Softech Solutions Ltd. (BSE: 539607) in a $34.2 million share transaction.</p><p>Under the agreement, ConnectM will sell its 94.1%-owned subsidiary Global Impx Inc., which holds ConnectM India and its subsidiaries including Geo Impex, in exchange for 160 million shares of Blue Cloud. The total transaction involves 170 million Blue Cloud shares valued at approximately $34.2 million.</p><p>ConnectM's portion of the transaction value is $32.2 million, which exceeds the company's market capitalization of $31.9 million as of May 4, 2026, according to http://www.streetinsider.com/Corporate+News/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html Tue, 05 May 2026 09:00:36 -0400 539607 CNTM CNTMD http://www.streetinsider.com/Corporate+News/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html <p>ConnectM Technology Solutions Inc. (OTC: CNTMD) announced it will divest its India business and logistics land infrastructure asset to Blue Cloud Softech Solutions Ltd. (BSE: 539607) in a $34.2 million share transaction.</p><p>Under the agreement, ConnectM will sell its 94.1%-owned subsidiary Global Impx Inc., which holds ConnectM India and its subsidiaries including Geo Impex, in exchange for 160 million shares of Blue Cloud. The total transaction involves 170 million Blue Cloud shares valued at approximately $34.2 million.</p><p>ConnectM's portion of the transaction value is $32.2 million, which exceeds the company's market capitalization of $31.9 million as of May 4, 2026, according to http://www.streetinsider.com/Corporate+News/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html Tue, 05 May 2026 09:00:36 -0400 539607 CNTM CNTMD http://www.streetinsider.com/Corporate+News/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html <p>ConnectM Technology Solutions Inc. (OTC: CNTMD) announced it will divest its India business and logistics land infrastructure asset to Blue Cloud Softech Solutions Ltd. (BSE: 539607) in a $34.2 million share transaction.</p><p>Under the agreement, ConnectM will sell its 94.1%-owned subsidiary Global Impx Inc., which holds ConnectM India and its subsidiaries including Geo Impex, in exchange for 160 million shares of Blue Cloud. The total transaction involves 170 million Blue Cloud shares valued at approximately $34.2 million.</p><p>ConnectM's portion of the transaction value is $32.2 million, which exceeds the company's market capitalization of $31.9 million as of May 4, 2026, according to http://www.streetinsider.com/Corporate+News/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html Tue, 05 May 2026 09:00:36 -0400 539607 CNTM CNTMD http://www.streetinsider.com/Mergers+and+Acquisitions/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html <p>ConnectM Technology Solutions Inc. (OTC: CNTMD) announced it will divest its India business and logistics land infrastructure asset to Blue Cloud Softech Solutions Ltd. (BSE: 539607) in a $34.2 million share transaction.</p><p>Under the agreement, ConnectM will sell its 94.1%-owned subsidiary Global Impx Inc., which holds ConnectM India and its subsidiaries including Geo Impex, in exchange for 160 million shares of Blue Cloud. The total transaction involves 170 million Blue Cloud shares valued at approximately $34.2 million.</p><p>ConnectM's portion of the transaction value is $32.2 million, which exceeds the company's market capitalization of $31.9 million as of May 4, 2026, according to http://www.streetinsider.com/Mergers+and+Acquisitions/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html Tue, 05 May 2026 09:00:36 -0400 539607 CNTM CNTMD http://www.streetinsider.com/Mergers+and+Acquisitions/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html <p>ConnectM Technology Solutions Inc. (OTC: CNTMD) announced it will divest its India business and logistics land infrastructure asset to Blue Cloud Softech Solutions Ltd. (BSE: 539607) in a $34.2 million share transaction.</p><p>Under the agreement, ConnectM will sell its 94.1%-owned subsidiary Global Impx Inc., which holds ConnectM India and its subsidiaries including Geo Impex, in exchange for 160 million shares of Blue Cloud. The total transaction involves 170 million Blue Cloud shares valued at approximately $34.2 million.</p><p>ConnectM's portion of the transaction value is $32.2 million, which exceeds the company's market capitalization of $31.9 million as of May 4, 2026, according to http://www.streetinsider.com/Mergers+and+Acquisitions/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html Tue, 05 May 2026 09:00:36 -0400 539607 CNTM CNTMD http://www.streetinsider.com/Mergers+and+Acquisitions/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html <p>ConnectM Technology Solutions Inc. (OTC: CNTMD) announced it will divest its India business and logistics land infrastructure asset to Blue Cloud Softech Solutions Ltd. (BSE: 539607) in a $34.2 million share transaction.</p><p>Under the agreement, ConnectM will sell its 94.1%-owned subsidiary Global Impx Inc., which holds ConnectM India and its subsidiaries including Geo Impex, in exchange for 160 million shares of Blue Cloud. The total transaction involves 170 million Blue Cloud shares valued at approximately $34.2 million.</p><p>ConnectM's portion of the transaction value is $32.2 million, which exceeds the company's market capitalization of $31.9 million as of May 4, 2026, according to http://www.streetinsider.com/Mergers+and+Acquisitions/ConnectM+agrees+to+sell+India+business+for+%2434.2+million+in+shares/26431022.html Tue, 05 May 2026 09:00:36 -0400 539607 CNTM CNTMD http://www.streetinsider.com/Press+Releases/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html <p align="center"><em>Transaction expected to convert India operating assets representing 5.8% of its annual revenue into 160 million Blue Cloud shares and an approximately 17.3% post-issue equity position</em></p> <p align="center"><em>Strategic divestiture highlights embedded asset value, simplifies ConnectM’s operating structure, and supports management focus on U.S. energy technology, AI infrastructure, distributed energy, and capital markets execution</em></p> <p>MARLBOROUGH, Mass., May 05, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTMD) (“ConnectM” or the “Company”), a company comprised of technology-driven businesses powering the modern energy economy, today announced that it has entered into a definitive agreement to divest its http://www.streetinsider.com/Press+Releases/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html Tue, 05 May 2026 09:00:00 -0400 539607 CNTM O.05965175 O.54377320 http://www.streetinsider.com/Press+Releases/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html <p align="center"><em>Transaction expected to convert India operating assets representing 5.8% of its annual revenue into 160 million Blue Cloud shares and an approximately 17.3% post-issue equity position</em></p> <p align="center"><em>Strategic divestiture highlights embedded asset value, simplifies ConnectM’s operating structure, and supports management focus on U.S. energy technology, AI infrastructure, distributed energy, and capital markets execution</em></p> <p>MARLBOROUGH, Mass., May 05, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTMD) (“ConnectM” or the “Company”), a company comprised of technology-driven businesses powering the modern energy economy, today announced that it has entered into a definitive agreement to divest its http://www.streetinsider.com/Press+Releases/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html Tue, 05 May 2026 09:00:00 -0400 539607 CNTM O.05965175 O.54377320 http://www.streetinsider.com/Press+Releases/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html <p align="center"><em>Transaction expected to convert India operating assets representing 5.8% of its annual revenue into 160 million Blue Cloud shares and an approximately 17.3% post-issue equity position</em></p> <p align="center"><em>Strategic divestiture highlights embedded asset value, simplifies ConnectM’s operating structure, and supports management focus on U.S. energy technology, AI infrastructure, distributed energy, and capital markets execution</em></p> <p>MARLBOROUGH, Mass., May 05, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTMD) (“ConnectM” or the “Company”), a company comprised of technology-driven businesses powering the modern energy economy, today announced that it has entered into a definitive agreement to divest its http://www.streetinsider.com/Press+Releases/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html Tue, 05 May 2026 09:00:00 -0400 539607 CNTM O.05965175 O.54377320 http://www.streetinsider.com/Press+Releases/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html <p align="center"><em>Transaction expected to convert India operating assets representing 5.8% of its annual revenue into 160 million Blue Cloud shares and an approximately 17.3% post-issue equity position</em></p> <p align="center"><em>Strategic divestiture highlights embedded asset value, simplifies ConnectM’s operating structure, and supports management focus on U.S. energy technology, AI infrastructure, distributed energy, and capital markets execution</em></p> <p>MARLBOROUGH, Mass., May 05, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTMD) (“ConnectM” or the “Company”), a company comprised of technology-driven businesses powering the modern energy economy, today announced that it has entered into a definitive agreement to divest its http://www.streetinsider.com/Press+Releases/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html Tue, 05 May 2026 09:00:00 -0400 539607 CNTM O.05965175 O.54377320 http://www.streetinsider.com/Globe+Newswire/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html <p align="center"><em>Transaction expected to convert India operating assets representing 5.8% of its annual revenue into 160 million Blue Cloud shares and an approximately 17.3% post-issue equity position</em></p> <p align="center"><em>Strategic divestiture highlights embedded asset value, simplifies ConnectM’s operating structure, and supports management focus on U.S. energy technology, AI infrastructure, distributed energy, and capital markets execution</em></p> <p>MARLBOROUGH, Mass., May 05, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTMD) (“ConnectM” or the “Company”), a company comprised of technology-driven businesses powering the modern energy economy, today announced that it has entered into a definitive agreement to divest its http://www.streetinsider.com/Globe+Newswire/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html Tue, 05 May 2026 09:00:00 -0400 539607 CNTM O.05965175 O.54377320 http://www.streetinsider.com/Globe+Newswire/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html <p align="center"><em>Transaction expected to convert India operating assets representing 5.8% of its annual revenue into 160 million Blue Cloud shares and an approximately 17.3% post-issue equity position</em></p> <p align="center"><em>Strategic divestiture highlights embedded asset value, simplifies ConnectM’s operating structure, and supports management focus on U.S. energy technology, AI infrastructure, distributed energy, and capital markets execution</em></p> <p>MARLBOROUGH, Mass., May 05, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTMD) (“ConnectM” or the “Company”), a company comprised of technology-driven businesses powering the modern energy economy, today announced that it has entered into a definitive agreement to divest its http://www.streetinsider.com/Globe+Newswire/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html Tue, 05 May 2026 09:00:00 -0400 539607 CNTM O.05965175 O.54377320 http://www.streetinsider.com/Globe+Newswire/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html <p align="center"><em>Transaction expected to convert India operating assets representing 5.8% of its annual revenue into 160 million Blue Cloud shares and an approximately 17.3% post-issue equity position</em></p> <p align="center"><em>Strategic divestiture highlights embedded asset value, simplifies ConnectM’s operating structure, and supports management focus on U.S. energy technology, AI infrastructure, distributed energy, and capital markets execution</em></p> <p>MARLBOROUGH, Mass., May 05, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTMD) (“ConnectM” or the “Company”), a company comprised of technology-driven businesses powering the modern energy economy, today announced that it has entered into a definitive agreement to divest its http://www.streetinsider.com/Globe+Newswire/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html Tue, 05 May 2026 09:00:00 -0400 539607 CNTM O.05965175 O.54377320 http://www.streetinsider.com/Globe+Newswire/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html <p align="center"><em>Transaction expected to convert India operating assets representing 5.8% of its annual revenue into 160 million Blue Cloud shares and an approximately 17.3% post-issue equity position</em></p> <p align="center"><em>Strategic divestiture highlights embedded asset value, simplifies ConnectM’s operating structure, and supports management focus on U.S. energy technology, AI infrastructure, distributed energy, and capital markets execution</em></p> <p>MARLBOROUGH, Mass., May 05, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTMD) (“ConnectM” or the “Company”), a company comprised of technology-driven businesses powering the modern energy economy, today announced that it has entered into a definitive agreement to divest its http://www.streetinsider.com/Globe+Newswire/ConnectM+Announces+Agreement+to+Divest+India+Business+and+Logistics+Land+Infrastructure+Asset+in+%2434.2+Million+Blue+Cloud+Share+Transaction/26430899.html Tue, 05 May 2026 09:00:00 -0400 539607 CNTM O.05965175 O.54377320