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Schneider Electric Bolsters Data Centre Credentials With Motivair Acquisition

  • French industrial group Schneider Electric has acquired a controlling stake in data centre cooling firm Motivair.
  • Schneider Electric aims to strengthen its data centre portfolio by leveraging Motivair's expertise in liquid cooling systems and thermal management solutions.
  • The transaction involves Schneider Electric acquiring an initial 75 percent controlling interest in Motivair for $850 million in cash.
  • The acquisition will enhance Schneider Electric's direct-to-chip liquid cooling and high-capacity thermal solutions.

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