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Ecolab acquires CoolIT Systems for $4.75 billion, focusing on AI data center liquid cooling technology

GateNews
Global Markets
Source: blockbeats

Gate News Report, March 21 — Water resource management company Ecolab Inc. announced it will acquire CoolIT Systems from KKR for approximately $4.75 billion in cash to capitalize on the growing demand for liquid cooling technology in AI-driven data centers. Tech companies are increasing investments in AI infrastructure, shifting the industry from traditional air cooling to more efficient liquid cooling systems to handle higher chip densities and power loads.

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