Vertiv acquires CoolTera
Vertiv has acquired CoolTera, bringing advanced cooling technology, deep domain expertise, controls and systems and manufacturing and testing for high-density computer cooling requirements to Vertiv’s robust thermal management portfolio.
CoolTera has a proven track record of engineering excellence and strong customer service supported by a team of highly qualified, proven liquid cooling engineers.
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“This bolt-on technology acquisition is consistent with our long-term strategic vision for value creation and further strengthens our expertise in high-density cooling solutions,” Vertiv chief executive officer Giordano Albertazzi says.
“While the purchase price is not material to Vertiv, the acquisition is essential to further reinforce our liquid cooling portfolio, enhancing our ability to serve the needs of our global data centre customers and strengthening our position and capabilities to support the needs of AI at scale.”
Founded in 2016 and based in the UK, CoolTera provides liquid cooling infrastructure solutions, and designs and manufactures coolant distribution units (CDU), secondary fluid networks (SFN) and manifolds for data centre liquid cooling solutions.
CoolTera and Vertiv have been technology partners for three years with multiple global deployments to data centres and super computer systems.
The acquisition is expected to close in the fourth quarter of 2023, subject to customary closing conditions.
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