Money Starts To Flow As Liquid Cooling Gets Hot In Datacenters
The Register, Wednesday, May 10,2023
Global investment company KKR picks up CoolIT Systems for $270M
Liquid cooling has become a hot topic as processors and other datacenter kit consume ever more power and generate more heat that needs to be dissipated. Yet perhaps the clearest sign that the tech is set to become a growth area is when investors start throwing their money around.
This month news emerged that CoolIT Systems, which has been making liquid cooling gear for a couple of decades, is to be acquired by global investment company KKR in a bid said to be worth $270 million.