{
  "id": 19731533,
  "title": "Samsung in talks to buy data center cooling firm Modine, Bloomberg News reports",
  "url": "https://urgent.news/2026/11/13/samsung-in-talks-to-buy-data-center-cooling-firm-modine-bloomberg",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-13T00:12:27.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/samsung-in-talks-buy-data-center-cooling-firm-modine-bloomberg-news-reports-6547876"
  },
  "original_language": "en",
  "account": "Samsung Electronics is reportedly in discussions to purchase Modine Manufacturing, a US-based manufacturer of cooling systems for data centers, according to Bloomberg News. The potential deal, which could be finalized within the next few weeks, was disclosed by sources familiar with the situation. Modine's stock price jumped by 29% in after-hours trading following the report, with the company's market value valued at $5.6 billion as of Thursday. However, the final decision has not been made, and the negotiations may still fall through. There is also a possibility that another company could emerge as a potential buyer. Bloomberg News could not immediately confirm the report, and Samsung and Modine declined to comment.",
  "summary": null,
  "key_points": [
    "Samsung in talks to buy Modine Manufacturing",
    "Potential deal could be finalized in weeks",
    "Modine stock jumps 29% following report"
  ],
  "editors_take": "Samsung's pursuit of specialized cooling technology signals a strategic shift toward controlling the critical infrastructure required to support the massive thermal demands of modern data center operations.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Samsung in talks to buy data center cooling firm Modine",
        "url": "https://urgent.news/2026/11/13/samsung-in-talks-to-buy-data-center-cooling-firm-modine",
        "published": "2026-11-13T00:28:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}