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Business deals

Daikin buys U.S. aircon companies to boost data center business

World's biggest manufacturer eyes growing segment as technology advances

Daikin hopes to capture the fast-growing data center business by acquiring two U.S. companies.

OSAKA -- Japan's Daikin Industries has acquired two U.S. key air conditioner system suppliers for 30 billion yen ($260 million) in a move to capture the fast-growing data center business, Nikkei has learned.

The two U.S. companies are Alliance Air Products headquartered near San Diego, California, and CM3 Building Solutions based in Fort Washington, Pennsylvania.

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