Tech

Vertiv Acquisition of CoolTera Ltd. Boosts Liquid Cooling Portfolio

VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that subsidiaries of the company have entered into a definitive agreement to acquire all of the shares of CoolTera Ltd. (CoolTera), a provider of coolant distribution infrastructure for data center liquid cooling technology and certain assets, including certain contracts,
patents, trademarks, and intellectual property from an affiliate of CoolTera.

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 center liquid cooling solutions. CoolTera and Vertiv have been technology partners for
three years with multiple global deployments to data centers and super compute systems. The
acquisition of CoolTera brings advanced cooling technology, deep domain expertise, controls and
systems, and manufacturing and testing for high density compute cooling requirements to Vertiv’s
already robust thermal management portfolio, as well as key industry partnerships already in place
across the ecosystem for such applications. CoolTera has a proven track record of engineering
excellence and strong customer service supported by a team of highly qualified, proven liquid cooling
engineers.

“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,” said Giordano Albertazzi, Chief
Executive Officer, Vertiv. “And 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 center customers and strengthening our position and capabilities to support the needs of AI
at scale.”

“It was a logical decision to join the Vertiv family,” said Mark Luxford, CoolTera’s Managing Director. “We
are excited to join the leader in data center thermal management. Vertiv has demonstrated the ability to
scale technologies at a pace that is needed for AI deployment. We look forward to working as a team to
deliver next generation liquid cooling technologies at the scale the industry requires. Vertiv is well-
positioned to support the industry growth.”

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