Ecolab will acquire CoolIT for approximately $4.75 billion in cash, expanding into AI data center liquid cooling technology.

BlockBeats news, March 21, according to Reuters, water resource management company Ecolab Inc. announced it will acquire CoolIT Systems from KKR for approximately $4.75 billions in cash, aiming to capitalize on the growing demand for liquid cooling technology in AI-driven data centers.

Technology companies are increasing their investment in AI infrastructure, driving the industry to shift from traditional air cooling methods to more efficient liquid cooling systems to cope with higher chip density and power loads.