The acquisition is expected to close in the fourth quarter of 2023, subject to customary closing conditions.
3 Mins
December 06, 2023 | 3:34 AM GMT
Giordano Albertazzi (centre), Vertiv’s new CEO. Source: Vertiv
Vertiv (NYSE: VRT) and its subsidiaries have entered into a definitive agreement to acquire all of the shares of CoolTera Ltd. (CoolTera), a provider of coolant distribution infrastructure for data centre liquid cooling technology and certain assets, including certain contracts, patents, trademarks, and intellectual property from an affiliate of CoolTera.
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