Vertiv announced that subsidiaries of the company have entered into a definitive agreement to acquire all of the shares of CoolTera, a provider of coolant distribution infrastructure for data center liquid cooling technology and certain assets, including certain contracts, patents, trademarks, and intellectual property from an affiliate of CoolTera. The acquisition is expected to close in the fourth quarter of 2023, subject to customary closing conditions.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on VRT:
- Vertiv Holdings price target raised to $52 from $45 at TD Cowen
- Vertiv Holdings to collaborate with Intel on liquid cooling solution
- Vertiv Holdings price target raised to $48 from $45 at JPMorgan
- Vertiv Holdings to hold 2023 investor meeting
- Vertiv Holdings raises FY23 adjusted EPS view to $1.72-$1.76 from $1.69-$1.73
