Schneider Electric to buy data centre cooling firm Motivair for $850 million [Yahoo! Finance]
SCHNEIDER ELEC UNSP/ADR (SBGSY)
NASDAQ:AMEX Investor Relations:
schneider-electric.com/en/about-us/investor-relations
Company Research
Source: Yahoo! Finance
Motivair Corp, a specialist in liquid cooling for high-performance computing, the French firm said on Thursday, beefing up offerings for rapidly-growing data centres. The all-cash deal, expected to close in the coming quarters, will give Schneider a stake of 75% in U.S.-based Motivair, with plans to buy the rest by 2028. The deal strengthens Schneider's offering of direct-to-chip liquid cooling and high-capacity thermal systems, the company said in a statement. The boom in use of generative-AI and large language models such as Chat-GPT calls for more efficient cooling solutions in data centres, particularly liquid cooling as traditional air cooling cannot disperse the greater heat, the company added. Motivair, based in Buffalo in New York state, makes units that pump the coolant at very high pressure close to the chips, cooling servers in an efficient way, said Peter Herweck, Schneider's chief executive. The data centre and networks market accounted for 21% of Schneider's 2023 o
Show less
Read more
Impact Snapshot
Event Time:
SBGSY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBGSY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBGSY alerts
High impacting SCHNEIDER ELEC UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SBGSY
News
- ADM Montréal Grows, Reaffirming Quebéc's Leading Position in Canadian Manufacturing [Yahoo! Finance]Yahoo! Finance
- AI Evolution And The Transformation Of Business Operations [Forbes]Forbes
- Schneider Electric Recognized as One of Canada's Top 100 Employers for 2025 [Yahoo! Finance]Yahoo! Finance
- Schneider Electric Infrastructure Ltd (BOM:534139) Q2 2025 Earnings Call Highlights: Robust ... [Yahoo! Finance]Yahoo! Finance
- "Climate Tech Pioneer C.Scale Emerges from EHDD to Advance Building Decarbonization with Accessible and Actionable Carbon Data" [Yahoo! Finance]Yahoo! Finance