Vertiv, one of the global leaders in the digital infrastructure and business continuity solutions industry, has revealed that it has signed a binding agreement to buy ThermoKey S. p. A. Vertiv is increasing its product portfolio in the domain of thermal management mainly for meeting the growing requirement of heat rejection in the new AI factories and highly dense data centers.
ThermoKey, based out of Italy, is a renowned company in the space of heat exchange technology. Vertiv is looking to acquire ThermoKey to integrate their advanced dry cooler and microchannel-based solutions with their existing product offerings, to provide customers with a more comprehensive solution in the space of thermal management.
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With the expected completion of the proposed transaction, Vertiv is poised to speed its journey towards a future of converged physical infrastructure. With the acquisition of ThermoKey’s in-house design and manufacturing expertise, Vertiv will be able to deliver integrated system-level thermal architectures that provide long-term scalability across multiple hardware generations.
“Heat rejection is becoming increasingly critical for data centers and AI factories as the industry seeks new ways to unlock capacity, improve energy efficiency, and scale with confidence,” said Giordano Albertazzi, CEO at Vertiv. “Through our work with ThermoKey, we have come to value its differentiated heat-exchange technologies, engineering depth, and relationships across OEMs and system integrators. This acquisition is expected to expand the options available to our customers as they adopt more efficient cooling strategies and build infrastructure designed to stay ahead of rapidly evolving compute demands.”
Strategic Advantages and Market Impact
The acquisition promises to offer several key advantages to international data centers and industrial players worldwide:
- Enhanced AI Support: Refined features of efficient cooling for high-density AI applications.
- Integrated Thermal Chain: Enhanced cooperation between liquid cooling, air cooling, and heat rejection, including Vertiv’s TrimCooler technology family.
- EMEA Reach: Availability of advanced dry cooling technologies and manufacturing support in EMEA regions such as Europe, the Middle East, and Africa.
- Sustainable Innovation: Utilizing ThermoKey’s knowledge of low-GWP natural refrigerants to meet environmental requirements.
ThermoKey boasts over 30 years of engineering excellence and established relationships with original equipment manufacturers and installers worldwide. Its manufacturing operations in Italy will enable Vertiv to increase capacity to meet the rising global need for critical thermal solutions.
