Kone to Acquire TK Elevator in $34.4 Billion Deal to Create Industry Leader
Finland’s Kone will acquire Germany’s TK Elevator in a $34.4 billion deal, forming the world’s largest elevator manufacturer.
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Finland’s Kone will acquire Germany’s TK Elevator in a $34.4 billion deal, forming the world’s largest elevator manufacturer.
Finland-based IQM is set to go public at a $1.8 billion valuation, becoming one of Europe’s first listed quantum computing companies. The move marks a milestone for the region’s emerging deep-tech sector.
Finland is increasingly heating homes with waste heat from AI data centers, cutting costs and emissions while supporting large-scale digital infrastructure.
Finnish cities are channeling excess heat from AI-driven data centers into district heating networks, transforming server waste heat into a low-carbon energy source.