Schneider Electric (FR:SU) has released an update.
Schneider Electric is set to expand its data center capabilities with the acquisition of a majority stake in Motivair Corporation, a leader in liquid cooling solutions. This strategic move aims to enhance Schneider’s offerings in cooling technologies to meet the growing demands of high-performance computing and AI-driven data centers. The acquisition is valued at $850 million and positions Schneider Electric to further its leadership in sustainable and efficient energy management solutions.
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