What's Going On With Trane Technologies Stock Wednesday? - Trane Technologies (NYSE:TT)
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7 Articles
What's Going On With Trane Technologies Stock Wednesday? - Trane Technologies (NYSE:TT)
Trane Technologies plc (NYSE:TT) has signed a definitive deal to buy the digital-business arm of Stellar Energy International, Ltd. The unit provides turnkey liquid-to-chip cooling solutions for data centers. Financial terms were not disclosed. Once completed, Stellar Energy Digital will operate under Trane's Commercial HVAC Americas segment. Under the deal, Trane will absorb Stellar Energy's Digital business operations, which include two assemb…
Trane Technologies to buy Stellar Energy’s digital cooling business
Trane Technologies agreed to acquire Stellar Energy’s digital unit, a Jacksonville-based provider of liquid-to-chip data-center cooling systems. The deal includes two assembly operations and about 700 employees. The business will join Trane’s commercial HVAC division while keeping its brand, direct-to-customer model, and existing customer relationships.
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