Ecolab completes its CoolIT acquisition and expands its AI data center cooling platform. It enhances AI data center cooling solutions worldwide. Due to increased demand, AI data center cooling is a major growth factor for the company in its high-tech expansion.
Acquisition of CoolIT Systems by the company cost around $4.75 billion. The acquisition happened much sooner than expected. The company has unique expertise in providing direct liquid cooling solutions to dense data centers. Additionally, its sales have already grown more than two times year-to-date.
“NVIDIA has collaborated with Ecolab and CoolIT across a broad range of liquid‑cooling initiatives, including coolant qualification, coolant health monitoring, cooling infrastructure development, and next‑generation AI factory technologies,” said Ali Heydari, technical director and distinguished engineer at NVIDIA, and Saket Karajgikar, senior engineering manager and ASME fellow at NVIDIA. “Through collaborations spanning NVIDIA engineering labs, research programs, and large‑scale AI infrastructure deployments, Ecolab and CoolIT have consistently demonstrated strong technical expertise, innovation, and responsiveness.”
Expanding Leadership in AI Data Center Cooling
As part of this purchase, the company extends its water technology expertise to include AI infrastructure. This involves the use of ultra-pure water, cooling technologies, and digitization. Furthermore, it plans to introduce the 3D TRASAR cooling technology. This technology increases efficiency and cuts down on energy consumption.
Following the acquisition, the company revised its EPS for 2026 to be within the range of $8.03 to $8.23. Further, the company is expecting continued growth in margins and organic growth. There will be a one-off effect on earnings per share due to short-term amortization that will be seen at the end of 2026. In the future, the company aims to reach $4 billion from the Global High-Tech business.
“With Ecolab’s breakthrough solutions across fabs, power and data centers, AI can now scale more rapidly while respecting communities, the environment and natural resources,” said Christophe Beck, chairman, president and chief executive officer of Ecolab. “With strong and consistent core businesses and new growth engines in high tech and life sciences that capture major new trends, we have never been better positioned to deliver on our growth commitments.”
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News Source: Businesswire.com
