Business
Vertiv to Acquire ThermoKey, Expanding Heat Rejection Portfolio for Converged Physical Infrastructure
Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has entered into an agreement to acquire ThermoKey S.p.A., a leading provider of heat rejection and heat-exchange technologies with long-standing relationships across original equipment manufacturers (OEMs) and system integrators, as part of Vertiv's continued investment in advanced cooling solutions to support high-density AI data centers. Upon closing, the acquisition is expected to expand Vertiv's therm
About this update from Vertiv Holdings, Llc
[{"type":"text","content":"Transaction expected to increase customer optionality across the thermal chain to optimize power utilization and energy efficiency for AI-ready data centers","length":156,"tagName":"p","attribs":{}},{"type":"text","content":"COLUMBUS, Ohio, March 23, 2026 /PRNewswire/ -- Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has entered into an agreement to acquire ThermoKey S.p.A., a leading provider of heat rejection and heat-exchange technologies with long-standing relationships across original equipment manufacturers (OEMs) and system integrators, as part of Vertiv's continued investment in advanced cooling solutions to support high-density AI data centers. Upon closing, the acquisition is expected to expand Vertiv's thermal management portfolio and manufacturing capabilities, particularly in EMEA, and strengthen its ability to deliver comprehensive solutions across the end-to-end thermal chain for AI factories and high-density data centers.","length":788,"tagName":"p"},{"type":"image","alt":"Vertiv announced an agreement to acquire ThermoKey, as part of its continued investment in advanced cooling solutions to support high-density AI data centers.","displaySize":"","headline":null,"caption":"Vertiv announced an agreement to acquire ThermoKey, as part of its continued investment in advanced cooling solutions to support high-density AI data centers.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":209,"url":"https://media.zenfs.com/en/prnewswire.com/98efd5983b630a2c7150a9b37c8c5ff0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/GT.lvh0psK_zgp2sgPeNiw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM2OA--/https://media.zenfs.com/en/prnewswire.com/98efd5983b630a2c7150a9b37c8c5ff0","width":400,"height":209}},"href":"https://mma.prnewswire.com/media/2940717/Vertiv_to_Acquire_ThermoKey.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Upon closing, ThermoKey is expected to further Vertiv's converged physical infrastructure path by expanding the range of thermal technologies available to customers and enhancing Vertiv's ability to support integrated, system-level thermal architectures that help customers stay multiple compute generations ahead. ThermoKey's portfolio of dry coolers and microchannel-based heat-exchange...