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News  ›  Benzinga

Eaton Makes $9.5 Billion Move Into AI Cooling Technology With Boyd Thermal Acquisition

Benzinga Logo Benzinga By Akanksha Bakshi
Eaton Makes $9.5 Billion Move Into AI Cooling Technology With Boyd Thermal Acquisition

Eaton Corp announced a $9.5 billion acquisition of Boyd Thermal from Goldman Sachs Asset Management to strengthen its data center and aerospace thermal management capabilities, targeting growing AI and digitalization infrastructure needs.

Insights
GOOGL   neutral

Slight positive price movement, awaiting earnings report with focus on AI infrastructure investment


ETN   positive

Strategic acquisition expanding technological capabilities in high-growth AI and digital infrastructure markets