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flag KKR explores selling CoolIT Systems, a $3B+ data center cooling tech firm, amid rising AI-driven demand for advanced cooling solutions.

flag Private equity firm KKR is exploring a potential sale of CoolIT Systems, a data center cooling technology company it acquired in 2023, for over $3 billion, according to the Financial Times citing unnamed sources. flag The process is early stage, with no guarantee a deal will happen, and multiple buyers are reportedly interested. flag CoolIT specializes in liquid cooling for high-performance AI and cloud computing systems, a growing need as data centers expand to meet rising digital demand. flag Traditional air cooling struggles with modern server heat, increasing demand for advanced cooling solutions. flag KKR and CoolIT declined to comment, and Reuters could not verify the report.

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