# TECO signs acquisition agreement for 78% stake in Dynaciate

TECO Electric & Machinery Co., Ltd. signed an agreement to acquire approximately 78% equity in Malaysian engineering firm Dynaciate Engineering Sdn. Bhd. for about MYR 200 million (USD 50.8 million). Dynaciate will become TECO's global manufacturing hub for modular data centers and power equipment.

- Type: Acquisition
- Announced: 2026-05-25
- Where: Pasir Gudang Industrial Area, Johor Bahru, Malaysia
- Value: $50.8M (200.0M MYR)
- Status: announced
- Products: modular data centers, power equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Teco Electric & Machinery Co.](https://endata.com/companies/17228.md) (acquirer)
- [Dynaciate Engineering](https://endata.com/companies/92117.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/apac/news-releases/teco-signs-acquisition-agreement-with-malaysias-dynaciate-targeting-exponential-aidc-revenue-growth-next-year-302781016.html), 2026-05-25: "The deal marks a key milestone in TECO's accelerated expansion into Southeast Asia's AI data center infrastructure and global modular data center markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.