Vertiv Expands Thermal Management Portfolio with ThermoKey Acquisition

Vertiv Holdings Co. has acquired ThermoKey S.p.A., a manufacturer of advanced heat exchangers and cooling solutions for data centers, to broaden its thermal management portfolio and manufacturing footprint for high-density AI data center cooling architectures. The deal extends Vertiv's recent activity beyond high-profile partnerships and index events, adding in-house hardware capabilities focused on AI infrastructure demand.