Samsung Electronics has agreed to buy Germany’s FlaktGroup in what would be the South Korean company’s biggest acquisition in eight years, amid growing demand for AI data-center cooling.

SEOUL (Reuters) - Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it looks to meet growing demand for cooling of data ...

“Through the acquisition of FlaktGroup, an applied HVAC specialist, Samsung Electronics has laid the foundation to become a leader in the global HVAC business, offering a full range of solutions ...

FlaktGroup makes heating, ventilation, and air conditioning (HVAC) systems for a wide range of buildings and facilities, including data centres that require stable cooling, Samsung said. “In its ...

Investors expecting bigger deals involving Samsung's cash-cow chip business might feel underwhelmed by the FlaktGroup announcement, analysts said. "This acquisition is more about reinforcing its ...

Samsung Electronics 0059301.18%increase; green up pointing triangle has agreed to buy Germany’s FlaktGroup in what would be the South Korean company’s biggest acquisition in eight years ...

Investors expecting bigger deals involving Samsung’s cash-cow chip business might feel underwhelmed by the FlaktGroup announcement, analysts said. "This acquisition is more about reinforcing its ...