Vertiv Holdings Co.
Vertiv Completes Acquisition of ThermoKey to Expand Thermal Management Capabilities
Summary
Vertiv Holdings Co. has completed the acquisition of ThermoKey S.p.A., a leading provider of heat rejection and heat-exchange technologies. This acquisition is expected to strengthen Vertiv's thermal management portfolio and manufacturing capacity in Europe, Middle East, and Africa (EMEA), enhancing its ability to deliver system-level solutions for AI data centers and high-density computing. ThermoKey's technology set, including heat-exchange solutions, dry coolers, and compatibility with low-GWP and natural refrigerants, complements Vertiv's portfolio, providing customers with flexibility to optimize for performance, site conditions, and growth. Giuseppe Visentini, CEO of ThermoKey, will continue to lead the business, ensuring continuity for employees, partners, and customers.
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About Vertiv Holdings Co.
Vertiv Holdings Co. is a prominent player in the field of digital infrastructure, focusing on designing, building, and servicing critical data center systems. The company's primary function is to provide essential continuity solutions that support the IT industry, ensuring the stability and efficient operation of networks and communication platforms worldwide. Notable features of Vertiv Holdings include its comprehensive product range, which includes power management systems, thermal management solutions, and IT management tools. It also offers services such as on-site support and management software that help maintain optimal performance and reliability. Vertiv Holdings caters to industries such as telecommunications, cloud computing, and co-location, impacting sectors that depend heavily on stable and efficient data center operations. In the financial markets, Vertiv Holdings plays a significant role by supporting the backbone of digital transformation and enabling the seamless operation of businesses that rely on high availability and data integrity.
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