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Fujitsu speeds aircon deal, sees AI helping ¥700 billion sales

The urgency to close the deal rises amid growing geopolitical and economic uncertainty. ....

Takahito Tokita , Fujitsu General , Bain Capital ,

Fujitsu Will Quicken Aircon Sale to Power $5 Billion AI Push

(Bloomberg) Fujitsu Ltd. aims to jumpstart stalled negotiations to sell a $730 million stake in its air-conditioning business, a deal that may help propel its expansion into a hot nascent market for AI services.Most Read from BloombergVilified Zero-Day Options Blamed by Traders for S&P DeclineS&P Logs Worst Day in Two Months, Bonds Power On: Markets WrapThe Hedge Fund Traders Dominating a Massive Bet on BondsTrump Barred From Colorado Ballot in Unprecedented RulingOnce Africa’s Richest Woman, ....

Kota Ezawa , Takako Taniguchi , Takahito Tokita , Bloomberg Businessweek , Takero Fujiwara , Hitachi Ltd , Toshiba Corp , Japan Investment Corp , Bloomberg Fujitsu Ltd , Shinko Electric Industries Co , Apollo Global Management Inc , Fujitsu General Ltd , Chief Executive Officer Takahito Tokita , Bain Capital , Bloomberg News , Shinko Electric Industries , Japan Investment , Fujitsu General , Takahito Tokita , Bloomberg News ,