(IN BRIEF) Funds advised by Triton have sold a majority stake in Kelvion, a leading global provider of energy-efficient heat exchange and cooling solutions, to Apollo-managed funds, while retaining a minority interest. Since acquiring Kelvion in 2014, Triton transformed the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology, United Kingdom
Tagged Apollo, carbon capture, Cooling Technologies, data centre cooling, energy efficiency, energy transition, global industrial markets, heat exchange solutions, heat pumps, hydrogen, Kelvion, Kelvion Enters New Ownership Phase as Apollo Takes Majority Stake from Triton, private equity transaction, renewables, Thermal Management, Triton
(IN BRIEF) Apollo-managed funds will acquire a majority stake in German-based Kelvion, a global leader in heat exchange and cooling solutions, from Triton, which will retain a minority interest. Kelvion specializes in advanced thermal management technologies for data centers, energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Investment, News, Technology
Tagged Andy Blandford, Apollo, carbon capture, Claudia Scarico, Claus von Hermann, clean energy investments, Cooling Technologies, data centers, electrification, energy transition, heat exchange solutions, heat pumps, hydrogen, industrial technology, Jeremy Honeth, Kelvion, private equity transaction, renewables, Thermal Management, Triton, Waleed Elgohary
Daimler and Baidu signed a Memorandum of Understanding to expand partner-ship through the Apollo autonomous driving platform and to integrate Baidu’s vehicle connectivity services into Mercedes-Benz infotainment system MBUX. Dr. Dieter Zetsche: “Automated driving and connectivity are progressing at an … Read the full press release
Posted in Automotive, Electronics & Machinery, Germany, Technology, Transportation & Logistics
Tagged Apollo, automated_driving, autonomous driving platform, autonomous_driving, Baidu, connectivity, Daimler, Dr. Dieter Zetsche, Dr. Ya-Qin Zhang, infotainment system, MBUX, Mercedes-Benz, vehicle connectivity services
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