Schneider Electric To Buy 75% Controlling Stake In Motivair
Infrastructure giant Schneider Electric powers up with $850M liquid cooling deal
Snags controlling stake in Motivair Corporation, rest to come by 2028 Schneider Electric is taking a controlling interest in Motivair Corporation, a specialist in liquid cooling and thermal management tech for high-performance computing (HPC) systems.
Schneider Electric to Buy Data Centre Cooling Firm Motivair for $850 Million
Schneider Electric will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid cooling for high-performance computing, the French firm said on Thursday, beefing up offerings for rapidly-growing data centres.
Schneider Electric To Buy 75% Controlling Stake In Motivair For $850 Mln Cash
French energy management firm Schneider Electric (SBGSF.PK) announced Thursday that it has signed an agreement to acquire a
Schneider Electric to buy data center cooling firm Motivair in $850M deal
Schneider Electric (OTCPK:SBGSF) (OTCPK:SBGSY) said Thursday it agreed to acquire a controlling interest in Buffalo-based Motivair for $850M in cash. The deal will give Schneider (OTCPK:SBGSF) (OTCPK:SBGSY) a 75% stake of 75% in the company,
Schneider Electric Acquires 75% Controlling Interest in Motivair Corporation for $850M
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