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Schneider Electric will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid cooling for high-performance computing, the French firm said on Thursday, beefing up offerings for rapidly-growing data centres. The all-cash deal, expected to…
:Intel shares jumped almost 4 per cent in early trading on Tuesday, as a chip-making deal with Amazon’s cloud business gave a major stamp of approval to its money-losing contract manufacturing business. After a near 60 per cent slump in…
Ark Labs, a three-month old startup developing solutions to speed up bitcoin transactions and lower costs, has raised $2.5 million in a pre-seed funding round led by billionaire investor Tim Draper. Besides venture capital firm Draper Associates, Fulgur Ventures, Axiom…
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