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KKR explores selling CoolIT Systems, a $3B+ data center cooling tech firm, amid rising AI-driven demand for advanced cooling solutions.
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.
The process is early stage, with no guarantee a deal will happen, and multiple buyers are reportedly interested.
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.
Traditional air cooling struggles with modern server heat, increasing demand for advanced cooling solutions.
KKR and CoolIT declined to comment, and Reuters could not verify the report.
KKR explora la venta de CoolIT Systems, una firma de tecnología de enfriamiento de centros de datos de más de $ 3B, en medio de una creciente demanda impulsada por IA de soluciones de enfriamiento avanzadas.