At the end of 2023, our supplier Vertiv acquired CoolTera. The company, founded in 2016 and based in the UK, provided liquid cooling solutions. CoolTera manufactures and designs coolant distribution systems (CDUs), secondary fluid networks (SFNs) and manifolds for data center liquid cooling solutions. Vertiv has been a CoolTera technology partner for the past three years, helping with data center deployments and building supercomputing systems.
Through the acquisition of CoolTera, Vertiv Expands liquid cooling offering
The acquisition of CoolTera brings advanced Data Center cooling technology, deeper expertise, manufacturing and testing for high-density computing cooling requirements, and new systems to Vertiv's already existing portfolio. CoolTera has a proven track record in liquid cooling, supported by a professional team of highly skilled and experienced engineers.
"This technology acquisition is in line with our long-term strategic vision for value creation and further strengthens our expertise in high-density cooling solutions Although the purchase price is not key for Vertiv, this acquisition is essential to further strengthen our liquid cooling portfolio and enhances our ability to meet the needs of global data center customers and strengthens our position and capabilities to support large-scale artificial intelligence needs."
"Joining the Vertiv family was a logical decision. We are pleased to join the leader in data center temperature management. Vertiv has demonstrated the ability to scale the technology at the speed needed to deploy artificial intelligence. We look forward to working together as a team to deliver next-generation liquid cooling technologies at the scale required by the industry. Vertiv is well positioned to support the growth of the AI market."
