DENVER, March 6, 2024 – Gates (NYSE: GTES), a manufacturer of power transmission and fluid power solutions, announced its collaboration in data center cooling market with CoolIT Systems. CoolIT Systems is the world leader in scalable liquid cooling technology for the world’s most demanding computing environments. To meet the surging demand in the AI, high-performance computing (HPC) […]
atNorth Shortlisted for 14th Annual Energy Awards
September 7, 2023 by
Reykjavík, Iceland – September 6th, 2023 – atNorth, a Nordic colocation, high-performance computing, and artificial intelligence service provider, today announced that its Sweden data center is on the shortlist for the ‘Physical Technology of the Year – Heating and Cooling’ category at the 2023 Energy Awards. atNorth’s SWE01 data center launched in 2022 and is specifically designed […]
CoolIT Systems Introduces Direct Liquid Cooling-Enabled Rear Door Heat Exchanger
May 26, 2023 by
Calgary – CoolIT Systems, a provider of liquid cooling solutions for data centers and HPC, announced an expansion of its product portfolio to include what the company said is the industry’s first direct liquid cooling (DLC)-enabled rear door heat exchanger (RDHx). This announcement follows the recent news of KKR’s acquisition of CoolIT. In today’s rapidly […]
KKR to Acquire CoolIT Systems
May 3, 2023 by
CALGARY, Alberta & NEW YORK– KKR investment firm and CoolIT Systems, a provider of scalable liquid cooling solutions for demanding computing environments, today announced the signing of a definitive agreement under which KKR will acquire CoolIT. The investment is intended to support the company’s ability to scale and serve its global customers across the data […]
CoolIT Systems Reports Record Annual Revenue
March 1, 2022 by
Calgary, Alberta. March 2, 2022 – CoolIT Systems, maker of scalable direct liquid cooling technology (DLC) for desktops and data centers, is reporting a record-breaking 2021. CoolIT’s progress in 2021 was led by their data center segment which experienced 93% year-over-year growth. Driven by their industry leading technology, CoolIT’s high performance computing customers integrated CoolIT technology at an […]
CoolIT Systems Open Innovation Lab
February 4, 2022 by
Calgary, Alberta. February 4, 2022 – CoolIT Systems, the global leader in scalable direct liquid cooling technology (DLC) for desktops and data centers, has officially opened their Liquid Lab innovation center, further solidifying its position as an innovation beacon in the advanced cooling industry. The newly finished facility is home to an impressive collection of prototyping and testing equipment […]
CoolIT Systems Reports 43% YTD HPC Growth
September 22, 2021 by
Calgary, Alberta. September 22, 2021 – Privately held CoolIT Systems, maker of scalable liquid cooling technology for desktop and data centers, today reported 43 percent YTD revenue growth in HPC markets. CoolIT Systems said it expects to achieve over 100 percent growth in 2021 compared to the previous year. This follows an average YoY growth rate […]
CoolIT Systems Launches High-Density HPC and HCI Servers with Gigabyte
September 16, 2021 by
Calgary, Alberta. September 16, 2021 – CoolIT Systems Inc., a maker of modular, scalable data center liquid cooling technology, has announced a joint product launch with GIGABYTE Technology, maker of high-performance servers and workstations. Two high-density servers, H262-ZL0 and H262-ZL2, will be equipped with direct liquid cooling for CPUs and more from CoolIT Systems. These cooling […]
CoolIT Systems Names New CFO
September 13, 2021 by
Calgary, Alberta. September 13, 2021 – CoolIT Systems, maker of scalable liquid cooling technology for desktop and data centers systems, announced that Adam Schader has joined the company as Chief Financial Officer. With over 20 years of international experience managing technology companies, implementing effective financial policies, and developing go-to-market strategies, Adam brings a plethora of senior skills […]
CoolIT Systems and AMAX to Deliver Custom Thermal Management for Data Center Products
March 8, 2021 by
CALGARY, AB, March 8, 2021 – CoolIT Systems announced today a collaboration with AMAX to deliver a thermal management solution for scalable, high-density computing products. The companies’ collaboration delivers a custom thermal management solution that reduces operating expenses through better energy efficiency while enabling stable, high-performance operations in a high-density computing environment. CoolIT Systems, a […]
