Data center

ABB Takes Controlling Interest in Validus

ABB has secured a controlling interest in Validus DC Systems, which provides direct current (DC) power infrastructure equipment for data centers. Financial details of the transaction were not disclosed, but the contract does include an option for ABB to acquire the balance of Validus shares.

GE Expands Relationship with SynapSense

General Electric Energy Financial Services is joining Emerald Technology Ventures, Sequoia Capital, Robert Bosch Venture Capital, American River Ventures, Nth Power and DFJ Frontier in a $5 million investment for the development of SynapSense’s Data Center Monitoring, Adaptive Control and Energy Management technology.