DigitalOcean Holdings, Inc. (NYSE:DOCN) acquired Katanemo Labs. Inc on April 2, 2026. As part of the acquisition, Salman Paracha, co-founder and Chief Executive Officer of Katanemo Labs, has joined DigitalOcean as Senior Vice President of AI.
The acquisition is not expected to have a material impact on DigitalOcean?s financial results for 2026.
DigitalOcean Holdings, Inc. (NYSE:DOCN) completed the acquisition of Katanemo Labs. Inc on April 2, 2026.
DigitalOcean Holdings, Inc. is the agentic inference cloud built for artificial intelligence (AI) native and digital-native enterprises scaling production workloads. The platform combines production-ready GPU infrastructure, a full-stack cloud, model-first inference workflows, and an agentic experience layer to reduce operational complexity and accelerate time to production. The Company offers a comprehensive set of cloud platform capabilities which span across Infrastructure-as-a-Service (IaaS), including Droplet virtual machines, storage and networking offerings; Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), including Managed Hosting, Managed Database, Managed Kubernetes and Marketplace offerings. It also offers a comprehensive artificial intelligence and machine learning (AI/ML) platform - DigitalOcean Gradient AI Agentic Cloud, which includes Gradient AI Infrastructure; the Gradient AI Platform which offers various building block services, and Gradient AI Agents.
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