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: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. The all-cash deal, expected to close in the coming quarters, will give S

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Schneider Electric to buy data centre cooling firm Motivair for $850 million

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Government of Singapore

(Reuters) -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.    The all-cash deal, expected to close in the coming quarters, will give Schneider a stake of 75% in U.S.-based Motivair, with plans to buy the rest by 2028.    The deal strengthens Schneider’s of…

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Midwest Communications

The deal will strengthen the energy management company’s portfolio of cooling solutions. Read more: Schneider Electric buys 75pc of ‘cool’ company Motivair

Silicon Republic

Schneider Electric buys 75pc of ‘cool’ company Motivair

A controlling stake in data centre cooling firm Motivair has been acquired by industrial giant Schneider Electric 
This article has been indexed from  Silicon UK 
Read the original article:    Schneider Electric Bolsters Data Centre Credentials With Motivair Acquisition

IT Security News - cybersecurity, infosecurity news

Schneider Electric Bolsters Data Centre Credentials With Motivair Acquisition

(IN BRIEF) Schneider Electric has acquired a 75% controlling interest in Motivair Corporation, a leader in advanced liquid cooling solutions for high-perfor

EuropaWire.eu

Schneider Electric Boosts Data Center Leadership with Acquisition of Liquid Cooling Specialist Motivair

Schneider Electric has bought a majority stake in Motivair and now has 75% of Motivair's shares.

Techzine Europe

Schneider Electric prepares acquisition of data center cooling firm Motivair

Oct 17 (Reuters) – 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. The all-cash deal, expected to close in the coming quarters, will give Schneider a stake of ...

Energy News for the United States Oil & Gas Industry | EnergyNow.com

Schneider Electric to Buy Data Centre Cooling Firm Motivair for $850 million - Energy News, Top Headlines, Commentaries, Features & Events

French power giant Schneider Electric has bought a majority stake in US liquid cooling firm Motivair for $850m, and will buy the remainder in 2028 in a billion dollar deal. Motivair now specialises in liquid cooling and advanced thermal management solutions for high performance computing systems for data centres and the deal is part of […] The post Schneider Electric buys data centre cooling firm in billion dollar deal appeared first on eeNews E…

Schneider Electric to buy data centre cooling firm Motivair for $850 million

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