TNW | Samsung
Samsung reportedly in talks to buy data centre cooling firm Modine
Samsung is in talks to acquire data centre cooling maker Modine, Bloomberg reports, sending the Wisconsin firm’s shares up 28% after hours.
By TNW | Samsung
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·Excerpt
Samsung Electronics is in talks to acquire Modine Manufacturing, the Wisconsin maker of cooling systems for data centres, Bloomberg reported on Thursday, citing people familiar with the matter.
A transaction could come together within weeks, per Bloomberg’s sources, though no final decision has been made; the talks could still collapse, and another suitor could yet emerge. Samsung and…
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