SEA Deal Ticker
Wesco buys Singapore's Newark Engineering for $136M to own data-centre cooling
The Fortune 500 distributor acquired Newark, a $60M-revenue thermal-management firm with offices in Malaysia and Indonesia, to build a regional data-centre cooling platform.
Positive-sum angle: Cooling is the quiet bottleneck on the region's AI buildout; a deep-pocketed owner scaling it lets more operators bring compute online rather than fewer.