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Sun, Oct 42 items
0 of 2 readToday's startup and funding news is led by London payments infrastructure firm OpenPayd's plan to list on Nasdaq by year-end, and liquid-cooling giant Vertiv's acquisition of Europe's KES, highlighting fintech listings and AI data-center supply chain consolidation.
OpenPayd plans Nasdaq listing by year-end under ticker OP
London-based payments infrastructure firm OpenPayd plans to list on Nasdaq by year-end to fund US expansion and acquisitions. Its merger with Titan Acquisition Corp. is under SEC review and still needs an effective registration statement and shareholder approval.
Why it mattersIf completed, it would be a rare SPAC listing in payments infrastructure, offering a potential exit template for peers.
Vertiv acquires Europe's KES to expand liquid-cooling services
Global liquid-cooling firm Vertiv announced the acquisition of Europe's KES, which provides fluid management, commissioning and load testing for high-density liquid-cooled data centers. Vertiv has acquired 10 companies in the past four years.
Why it mattersIt shows liquid-cooling M&A shifting from hardware to integrated operations and services, a gap domestic players may face.