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TDK Buys US 3D-Printing Startup to Amp Up AI Ecosystem Bet
Asia TDK Buys US 3D-Printing Startup to Amp Up Ecosystem Bet TDK Corp. is spending as much as $400 million to buy Fabric8Labs Inc., a US startup that’s developed a technology that can be used to improve data-center cooling systems. The Tokyo-based supplier of batteries for Apple Inc.’s iPhones will acquire all shares of the San Diego-based company in a cash transaction consisting of an upfront payment and earnouts spanning several years.