Ecolab Closes CoolIT Acquisition and Expands AI Cooling Platform as Global High Tech Business Targets $4 Billion by 2030
Ecolab today announced the close of its acquisition of CoolIT Systems, a leader in direct liquid cooling for high‑density data centers. The transaction closed earlier than expected, and Ecolab welcomes the world-class CoolIT team to the company.
Ecolab acquired CoolIT for approximately $4.75 billion. CoolIT’s year‑to‑date sales have grown more than 100%, driven by accelerating demand for liquid cooling in AI data centers.
With CoolIT, Ecolab extends its established global leadership in water technologies, research and service to the fastest-growing market in the world: AI infrastructure and computing. At the heart of AI is water. We need water to produce chips, power chips, and cool chips. Ecolab is now uniquely positioned to offer end-to-end solutions across the full AI value chain, from ultra-pure water to produce the most advanced chips, to high-performing water systems for optimized power generation, to direct liquid cooling for the most powerful AI data centers. This enables Ecolab to help customers scale AI faster with global solutions that protect people, natural resources, and communities.
