Samsung Electronics is beginning to chart a more defined course for its future as it accelerates a series of mergers and ...

LG Electronics is in talks to supply a cooling solution for Nvidia's servers, eyeing the heat generated by the artificial intelligence (AI) industry as a new business opportunity.

With this acquisition, LG follows in the footsteps of Samsung Electronics, which recently acquired Germany’s FläktGroup, as Korea’s tech giants ramp up competition in the booming HVAC market. The ...

Triton sees more data center runway as FläktGroup sale rebuts slowdown fears Triton agreed to sell indoor-air technology provider FläktGroup to Samsung Electronics in May.

Triton’s Gahleitner says FläktGroup sale shows data center sector is robust; Charterhouse agrees to gelato and pastry ingredients exit Charterhouse Capital Partners has agreed to sell Casa ...

Samsung Electronics last week announced it signed a deal to acquire Germany-based FläktGroup, a heating and cooling systems provider that services data centers and other buildings and facilities.

In addition, Samsung’s building integration control solution (b.IoT) and FläktGroup’s HVAC control solution (FläktEdge) will offer a full suite of HVAC and building energy control systems, through ...

Samsung buys air conditioning specialist FläktGroup for 1.5 billion euros Samsung's acquisition of FläktGroup is intended to strengthen its position in the rapidly growing air conditioning market.

Samsung Electronics Co. has agreed to buy FläktGroup Holding GmbH for €1.5 billion ($1.7 billion), acquiring the European heating and cooling specialist in its biggest overseas takeover in eight years ...

Samsung Electronics Co acquires FläktGroup for $1.7B, expanding its HVAC business. The deal is expected to capitalize on growing demand for advanced technologies.

SEOUL (Reuters) -Samsung Electronics said on Wednesday that it has agreed to acquire all shares of FläktGroup, a German maker of air conditioning and heating systems, for 1.5 billion euro ($1.68 ...