According to CoinMeta, Samsung Electronics is in negotiations to acquire Modine Manufacturing Co, a manufacturer of data center cooling systems. Sources familiar with the matter revealed that the two parties are discussing a potential deal, which could be finalized in the coming weeks. Modine currently has a market value of about $5.6 billion. Since the company released its financial report for the second quarter of fiscal year 2027 on November 3, which fell short of investors' expectations, its stock price has dropped by about 15%. The sources stated that Samsung has not made a final decision yet, and the negotiations could still fall through, in addition to the possibility of other bidders emerging.