Industrial name with AI ties makes a key move to boost its growing data center business

vm_adminMay 6, 2025

Dover , an American industrial company founded more than 70 years ago, is strengthening its foothold in a fast-growing market shaping the future of computing. The news Illinois-based Dover on Monday announced an agreement to pay more than $622 million in cash to acquire Sikora — a German firm whose technology supports the build-out of data centers. The deal, expected to close in the second quarter, gives Club name Dover a business that has experienced a double-digit organic growth rate…

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https://www.cnbc.com/2025/05/06/industrial-name-with-ai-ties-makes-a-key-move-to-boost-its-growing-data-center-business.html