Carrier Global (CARR) announced that its venture group, Carrier Ventures, is leading an investment and technology partnership with ZutaCore. This investment aligns with Carrier’s strategy of providing high-tech, integrated cooling solutions to meet the critical cooling needs of data center customers. The global data center cooling market is projected to reach $20 billion by 2029, and liquid cooling is projected to grow at a 39% CAGR over the same period.
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Read More on CARR:
- Carrier Global upgraded to Outperform from Neutral at Mizuho
- Carrier Global’s Mixed Performance and Balanced Outlook Lead to Hold Rating
- Carrier Global price target lowered to $76 from $86 at RBC Capital
- Mixed Outlook for Carrier Global: Hold Rating Amidst Earnings Surprises and Market Challenges
- Carrier Global price target lowered to $87 from $90 at Barclays
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