Samsung in talks to buy data-center cooling maker Modine Manufacturing, sources say
Samsung Electronics is in talks to acquire Modine Manufacturing, a US maker of cooling systems for data centers, according to Bloomberg, with a deal potentially landing in the coming weeks. Modine's market value is roughly $5.6B. The move would tie a memory and chip giant directly to AI data-center thermal infrastructure, a segment investors are watching closely as compute density rises.
Source:
Bloomberg: https://www.bloomberg.com/news/articles/2026-11-12/samsung-is-in-talks-to-acquire-data-center-cooling-firm-modine
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