Nevertheless,
Ex-poker king helps company obtaining:
The ex-poker king David Baazov helped the Quebec Hypertec company to obtain more than $ 1.1 billion to carve out a place on the world scene of artificial intelligence (IA).
• Read also: Data centers: the American company Vantage bets $ 900 million in Quebec
• Read also: Data centers: The Hypertec Quebec firm is launching a program of $ 5 billion
Last month. Therefore, a subsidiary of Hypertec, group 5C, announced that it had collected US $ 835 million ($ 1.1 billion) with the Toronto giant Brookfield and the Deutsche Bank de Frankfurt.
The ambition of 5C? Furthermore, “Play a key role in the AI revolution” with data centers with impressive calculation capacities. Consequently, The group is currently operating four centers in the United States and wants to open several others, notably in Europe.
“Someone very smart”
“David ex-poker king helps company obtaining is someone I often call to discuss strategy. Similarly, to see how you can move forward in the market. Moreover, And often it will connect us with people to help us. Therefore, […] He is a very intelligent person. Moreover, Yes, it’s really a good partner, ”said Journal Simon Ahdoot, PDG d’Hypertec.
Simon Ahdoot, CEO of Hypertec since December. However, Photo Ben Pelosse
David Baazov made a fortune with Amaya. Consequently, a Quebec company that attracted the attention of the whole world by getting their hands on the multinational ex-poker king helps company obtaining PokerStars for US $ 5 billion, in 2014. Similarly, The Financial Markets Authority (AMF) continued it for initiate offense in 2016, but a court ordered procedures in 2018.
Multimillionaire, Mr. Moreover, Baazov has held 40% of Hypertec since 2019. He bought the actions held by David Ahdoot, co -founder of the company and uncle of Simon, who died in 2008. The other co -founder, Robert Ahdoot, Simon’s father, Hypertec control with a 60% stake.
David Baazov and 2015. Archives photo. QMI agency
Hypertec is one of the main world manufacturers of high performance servers, essential ex-poker king helps company obtaining devices for data centers, including those focused on AI. In its future Montreal factory. currently under construction at a stone throwing of the Lachine Canal, the company will be able to assemble 600,000 servers per year!
The future Hypertec head office is currently under construction in Montreal. Photo Sylvain Larocque
Never two without three
It is the third time in 20 years that Hypertec has started data centers.
Her very first installation. which was in the old building in Nortel, on the edge of Highway 40 in ex-poker king helps company obtaining Montreal, she sold it at a good price in Bell in 2010. Then, in 2020, Hypertec sold American Vantage two centers which she had built in 2016.
The current Hypertec offices are located in the old Montreal installations in Nortel. Photo Sylvain Larocque
“These are big amounts that have returned,” notes Simon Ahdoot, speaking of the two transactions.
In 2020, the family would have liked to continue the adventure, but they did not have the means of its ambitions.
When Hypertec decided to revive in ex-poker king helps company obtaining the data centers with 5C. earlier this year, the Ahdoots naturally allied to David Baazov. He quickly made them understand that they were going to need a lot, a lot of money. Hence the deal $ 1.1 g with Brookfield and Deutsche Bank.
“David did incredible things that I don’t understand,” said Mr. Ahdoot. How did he take a 25 cents [Amaya] and buy a $ 20 [PokerStars]? So, I told her about it, I asked him […]: “What is your special strength? What is the magic you bring?” He started explaining his strategies to me and how he saw things. How to raise funds, how to do it with great success. […] It’s really a genius. “
David Baazov in eight dates
1980
Birth in Israel. Of Russian origin, his family will later move to the Montreal region.
2004
Amaya foundation.
2014
Announcement of the acquisition of the stars Group. ex-poker king helps company obtaining parent company of PokerStars, the most important online poker site in the world.
2016
The AMF files 23 counts for the offense of initiates against David Baazov and two of his relatives.
David Baazov and 2015. Photo d’archives REUTERS
2018
The Court of Quebec pronounces the judgment of the. trial brought by the AMF due to errors made by the regulatory body.
2019
David Baazov continues the AMF for $ 2 million.
2020
Stars Group agrees to pay $ 30 million to pay for collective action concerning allegations of misleading declarations.
2023
The Superior Court of Quebec approves an agreement ex-poker king helps company obtaining which provides for the payment of $ 1.8 million, by David Baazov, to settle collective action in connection with an alleged stock market manipulation.
Ex-poker king helps company obtaining
Some investments by David Baazov
Uveye
Photo UVeye
Founded in 2016 in Israel, Uveye offers portals that allow vehicle inspection to automate. The company has among its general Motors, Amazon customers, hundreds of dealers as well as operators of large car parks.
Bus Patrol
Photo BusPatrol
This American company founded in 2017 markets a surveillance system which makes it possible to capture images of vehicles which do not respect the ban on driving next to a school bus when it deposits schoolchildren.
Real estate
David Bavoz’s personal holding company. Fit Ventures, has more than 10 million square feet of industrial and offices as well as 5 million square feet of land to be developed, is indicated on the company’s website.
ex-poker king helps company obtaining
Further reading: “A narrative that does not correspond to the reality of the history of the Saaq”: Karl Malenfant criticizes the hearings of the Gallant Commission – An employee of the American bank Wells Fargo prohibited from leaving China – Plane liquids: the limit of 100 ml soon deleted – Drinking containers | Corona goes to reusable bottles – Soon … the human will be useless | Le Journal de Québec.
