Modine, a manufacturer of cooling technology headquartered in Racine, is reportedly an acquisition target of Samsung Electronics, the multinational electronics company, according to a report by Bloomberg News.
Modine, which specializes in temperature management technology, has been part of the supply chain for large AI data center campuses.
Operators of these hyperscale data centers need cooling equipment due to the heat generated by the large numbers of servers they use.
To expand its ability to serve data centers, Modine last year announced a $100 million investment in its Airedale product.
Airedale, a UK subsidiary of Modine acquired in 2005, specializes in commercial HVAC systems.
