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The license formalizes a revenue opportunity from a high-growth data-center market; although terms are not disclosed, successful adoption could translate into recurring royalties and improved margins over time, a positive fundamental signal.
What happened, with direct paths to the underlying reporting
Graco's subsidiary ETM and ABB signed a license covering ETM's Transverse Flux Motor for data-center cooling towers and heat rejection systems. The deal builds on prior ABB-ETM collaboration in industrial applications and could broaden ETM-based royalty revenue as data-center infrastructure demand grows globally. Financial terms were not disclosed.
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