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News  ›  Benzinga

Vertiv Holdings Acquires PurgeRite In $1B Deal To Expand Liquid Cooling Solutions

Benzinga Logo Benzinga By Lekha Gupta
Vertiv Holdings Acquires PurgeRite In $1B Deal To Expand Liquid Cooling Solutions

Vertiv Holdings is acquiring PurgeRite for $1 billion in cash, with potential additional $250 million based on 2026 performance, to enhance its liquid cooling solutions for AI data centers.

Insights
GOOGL   neutral

Company has strong existing business fundamentals but faces potential AI-driven competitive challenges from emerging technologies like ChatGPT Atlas


VRT   positive

Company is strategically expanding its technological capabilities in liquid cooling solutions for high-density computing and AI applications