Browsing Tag
CoolIT Systems
2 posts
Ecolab closes $4.75bn CoolIT acquisition as AI data centers confront a cooling bottleneck
Ecolab has completed its acquisition of CoolIT Systems, combining water treatment, cooling hardware, digital monitoring and service capabilities. The deal places Ecolab deeper inside the physical infrastructure required to operate increasingly powerful artificial intelligence systems.
Why Ecolab (NYSE: ECL) is paying 29x EBITDA for CoolIT Systems and what it means for the AI data centre cooling race
Ecolab (ECL) to acquire CoolIT Systems from KKR for $4.75bn to dominate AI data centre liquid cooling. What the deal means for investors. Read more.