Ecolab to buy CoolIT to tap into AI data centre boom

Ecolab said on Friday it will acquire CoolIT Systems from KKR for about $4.75bn (R80.38bn) in cash, as the water solutions firm seeks to capitalise on surging demand for liquid cooling in artificial intelligence-driven data centres.

Ecolab to buy CoolIT to tap into AI data centre boom
Ecolab said on Friday it will acquire CoolIT Systems from KKR for about $4.75bn (R80.38bn) in cash, as the water solutions firm seeks to capitalise on surging demand for liquid cooling in artificial intelligence-driven data centres.