Ohio-based Vertiv has successfully concluded the acquisition of PurgeRite, a prominent Houston-based company known for its expertise in mechanical flushing, purging, and filtration services tailored for data centers. The $1 billion deal signifies a significant step for Vertiv in bolstering its thermal management offerings to address the escalating cooling requirements in the ever-changing data center environment.
Vertiv’s CEO, Gio Albertazzi, highlighted the importance of this acquisition, stating, “PurgeRite’s specialized fluid management services perfectly complement our current portfolio, enhancing our capacity to deliver comprehensive product and service support for customers with high-density computing and AI applications. Efficient thermal management is crucial for ensuring optimal performance and reliability in these scenarios.”
The acquisition of PurgeRite brings Vertiv closer to key players in the industry, including hyperscalers and Tier 1 colocation firms. With liquid cooling services becoming indispensable for maintaining efficiency and reliability in closed-loop liquid cooling, which is increasingly becoming the norm for data centers in AI applications and high-performance computing.
David Enden, data and AI channel manager at Arrow Electronics, emphasized the significance of this move in a LinkedIn post, stating, “As GPU densities rise and traditional air cooling reaches its limitations, this acquisition signals the direction in which the industry is heading. It’s not just about acquiring a company; it’s a recognition of the pivotal role cooling and power play in the AI era.”
Liquid Cooling Market Swells
A recent report by Grand View Research projects substantial growth in the liquid cooling market, estimating a potential value of $17.7 billion by 2030, with an annual growth rate of 21.6%. Currently, North America holds a significant 39% share of this market. Dell’Oro Group’s research also anticipates a market opportunity of $15 billion by 2028.
Lucas Beran, research director at Dell’Oro, noted the transition of liquid cooling from a niche technology to mainstream applicability. The technology’s adoption is primarily driven by its enhanced thermal management performance, meeting the demanding thermal requirements of advanced processors and accelerated servers.