The South Korean tech giant Samsung Electronics announced Wednesday that it agreed to acquire German heating, ventilation, and air conditioning (HVAC) firm FlaktGroup for €1.5 billion ($1.67 billion).

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 centres ...

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. Samsung said ...

[SEOUL] South Korea’s Samsung Electronics said on Wednesday that it has agreed to acquire all shares of FlaktGroup, a German maker of air conditioning and heating systems, for 1.5 billion euros (S$2.2 ...

Samsung Electronics said Thursday it has completed the acquisition of FlaktGroup, Europe’s largest heating ventilation and air conditioning company, in a push to expand its footprint in industrial ...

South Korea's Samsung Electronics on Wednesday said it has agreed to buy FlaktGroup, a German maker of air conditioning and heating systems, for 1.5 billion euros ($1.68 billion) from private equity ...

Samsung Electronics will acquire FlaktGroup for $1.68 billion. This acquisition aims to meet the cooling demands of data centers. The deal is expected to close this year. Samsung seeks growth in AI ...