Samsung reportedly in talks to acquire data center cooling manufacturer Modine
11/13/2026 — 11/13, 15:21·1 sources (all)·1 reports (all)
Key takeaways
- Sources report that Samsung Electronics is in talks to acquire US-based data center cooling system manufacturer Modine Manufacturing, with a…
Background & analysis
On November 13, 2026, at 14:30, Techmeme carried a report citing Bloomberg, stating that people familiar with the matter said Samsung Electronics is in talks to acquire Modine Manufacturing, a US-based maker of cooling systems for data centers. The report noted that the deal could move forward within the coming weeks, and that Modine's current market value stands at $5.6B. At this point, the available public information only reflects the discussion stage, with no confirmed statements from either party and no announced terms or follow-up developments regarding the potential transaction.
AI-generated from 1 reports · updated 5 hours ago
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Reports on this story headlines open the original
According to Bloomberg, Samsung Electronics is in talks to acquire Modine Manufacturing, a U.S. maker of data center cooling systems, with a deal possible in the coming weeks. Modine has a market value of $5.6 billion.
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