Schneider Electric Acquires 75% Stake in Motivair for $850 Million

The acquisition enhances Schneider's liquid cooling solutions amid growing data center demands driven by AI advancements.

Schneider Electric is investing $850 million in an all-cash deal to acquire a 75% stake in Motivair Corporation, a specialist in liquid cooling for high-performance computing.
The acquisition is set to close in the coming quarters and is subject to regulatory approvals, with plans to acquire the remaining 25% of Motivair by 2028.
Motivair's liquid cooling technology is seen as crucial for handling the increased power demands of data centers, particularly with the rise of generative AI and large language models.
Schneider Electric aims to integrate Motivair into its Energy Management division, enhancing its portfolio of direct-to-chip liquid cooling and thermal management systems.
Data center power usage in the U.S. is projected to triple by 2030, underscoring the importance of efficient cooling solutions like those offered by Motivair.