Browsing Tag
Schneider Electric
30 posts
Apple unveils HomeView, HomePod mini 2 and new Apple TV 4K. Can it challenge Amazon and Google?
Apple has introduced a new generation of smart home hardware led by the $299 HomeView, expanding its artificial intelligence strategy into household devices and connected entertainment.
Canada wants a new heavy rare-earth supply chain. Can Torngat’s new CEO get Strange Lake built?
Torngat Metals has installed Michael McCann as Chief Executive Officer as its Strange Lake rare-earth project moves from feasibility work toward environmental approvals, financing and eventual construction. The privately held Canadian developer could support around 1,000 construction jobs and hundreds of operating positions, but the employment opportunity remains dependent on regulatory approval and project financing.
Schneider Electric’s $22.6bn PTC deal adds up to €17bn of new debt
Schneider Electric is making a much larger software bet after agreeing to acquire PTC for $205 a share, with debt, new equity and future synergies all becoming central to the return calculation.
PTC (NASDAQ: PTC) jumps 33% on $205 Schneider deal, yet 6.6% takeover spread remains
Schneider Electric has agreed to acquire PTC for $205 per share in cash, valuing the industrial software company at $22.6 billion. PTC closed at $192.26, leaving a sizeable spread that reflects a closing timetable extending into 2027 and outstanding shareholder and regulatory approvals.
Schneider Electric plans €1.2bn takeover of Shelly Group
The €70-a-share cash proposal carries a 27% unaffected premium and has support from Shelly Group founders controlling about 57% of the company.
ASUS server business grows 200% as Intel, AMD and edge AI widen its infrastructure bet
ASUSTeK Computer is expanding its AI infrastructure portfolio across Intel, AMD, industrial edge systems, storage, cooling and software after server revenue roughly tripled in the second quarter. The strategy could reduce dependence on individual platforms, but NVIDIA architectures still dominate the company’s current server mix.
Why Schneider Electric Infrastructure’s Rs 2,169cr backlog has a margin problem
Schneider Electric Infrastructure’s order backlog reached ₹2,169 crore after a record ₹915 crore Q1 intake, but net profit fell about 70% as commodity costs and legacy-contract pricing squeezed margins.
Can Trane and Eaton’s joint design outrun Vertiv’s single-vendor AI infrastructure play?
Trane Technologies and Eaton have aligned an AI data centre design with NVIDIA DSX, promising 30% installation savings. Can it out-compete Vertiv's stack?
Emerson (NYSE: EMR) rolls out PACEdge 3.0 with AI capability for industrial edge
Emerson's PACEdge 3.0 pushes AI and containerised workloads to the industrial edge, and the read is whether it accelerates $1.68bn software ACV growth.
Firebird has opened its Armenia AI factory. Can 15 MW really become 2 GW by 2028?
Firebird has opened a 15 MW artificial intelligence factory in Armenia powered by 6,144 NVIDIA B200 GPUs, turning the first phase of an ambitious infrastructure programme into an operating asset. The harder challenge now is scaling beyond 70,000 GPUs in Armenia and toward a roughly 2 GW international network without allowing power, deployment or customer utilisation to lag behind capacity.