Vertiv to buy ThermoKey for AI data centers
Vertiv announced it will acquire ThermoKey to expand heat‑rejection options for converged, AI‑ready data centers — a move that widens cooling choices for dense rack deployments. That matters for procurement and site‑design conversations around on‑prem DGX clusters. (prnewswire.com)
Vertiv published the acquisition announcement on March 23, 2026 via a PRNewswire-distributed release reproduced by industry outlets. (tmcnet.com)) ThermoKey was founded in 1991 and is headquartered in Rivarotta di Rivignano Teor in the Udine province of Italy. (thermokey.com)) ThermoKey’s product lines include aluminium microchannel cores, air‑cooled condensers, liquid coolers and the Power‑J (V‑TOWER) dry coolers, with published performance ranges from about 290 kW up to roughly 2,219 kW on the Power‑J family. (thermokey.com)) The company offers an online configurator called TK Desk for engineers to size microchannel condensing and free‑cooling cores for specific projects. (thermokey.com)) ThermoKey moved under the control of IGI Private Equity in a May 30, 2024 transaction in which founder/entrepreneur Giuseppe Visentini reinvested and continued as Group CEO. (igisgr.it)) Vertiv has been adding thermal‑chain capabilities in recent years, including the December 2023 purchase of CoolTera Ltd. and its coolant distribution technology and the ~US$1.0 billion PurgeRite acquisition announced in late 2025, while Vertiv completed a $4.6 billion liquidity package on March 4, 2026. (vertiv.com))
