Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Schneider Electric ( (FR:SU) ).
Schneider Electric has completed the acquisition of a 75% controlling interest in Motivair Corporation, a company specializing in liquid cooling and advanced thermal management solutions for high-performance computing systems. This acquisition will enhance Schneider Electric’s Energy Management business, with plans to acquire the remaining 25% of Motivair by 2028, strengthening its position in the market for sustainable and efficient energy solutions.
More about Schneider Electric
Schneider Electric is a global leader in the digital transformation of energy management and automation. The company provides integrated end-to-end lifecycle AI-enabled Industrial IoT solutions with connected products, automation, software, and services. Schneider Electric operates in over 100 countries with a focus on sustainability, efficiency, and empowering industries, infrastructure, data centers, buildings, and homes.
YTD Price Performance: -1.85%
Average Trading Volume: 413,881
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €132B
For a thorough assessment of SU stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue