archive
· today in ai · 2026-07-03
Ecolab closes $4.75B CoolIT purchase
Archive item — written before sources were shown.
Ecolab closed its all-cash acquisition of CoolIT Systems, the direct liquid cooling maker for AI data centers whose sales more than doubled this year.
Ecolab closed its roughly $4.75B all-cash acquisition of CoolIT Systems on July 2, earlier than expected after the March 19 announcement. CoolIT’s direct-to-chip liquid cooling sales have grown more than 100% year to date on AI data-center demand; Ecolab targets $4B in high-tech sales by 2030.
sources
- 01Ecolab closes CoolIT acquisition (press release, 8-K exhibit)sec.gov · primary
- 02Ecolab closes CoolIT acquisition, expands in AI data-center coolingyahoo.com · reporting (wire)
Rami Steitieh