Schneider Electric to acquire Motivair.

Schneider Electric, a leader in the digital transformation of energy management and automation, agreed to acquire Motivair, a company specialized in liquid cooling and advanced thermal management solutions. Financial terms were not disclosed. “The acquisition of Motivair represents an important step, furthering our world leading position across the Data Center value chain. The unique liquid cooling portfolio of Motivair complements our value proposition in Data Center cooling and further strengthens our prominent position in Data Center build out from Grid to Chip and from Chip to Chiller," Peter Herweck, Schneider Electric Chief Executive Officer.