The steel maker’s acquisition of Southwest marks its expansion into the data centre infrastructure industry, driven by the surging demand for AI and cloud-based services.
Founder and Editor, The Tech Capital
2 Mins
April 08, 2024 | 10:30 PM BST
Chad Utermark, Nucor's Executive Vice President of New Markets and Innovation. Source: Nucor
Steel manufacturer Nucor Corporation (NYSE: NUE) has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data centre infrastructure for US$115 million.
Founder and Editor, The Tech Capital
4 Mins|April 30, 2024
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