Monday, April 27, 2009

CoolIT Systems Acquires Delphi Liquid Cooling

CoolIT Systems Acquires Delphi Liquid Cooling Assets

Acquisition Solidifies CoolIT’s Position as the World Leader in Advanced Computer Cooling

Calgary, Alberta – April 27, 2009 – Today, CoolIT Systems announces the acquisition of Delphi Thermal Liquid Cooling assets including intellectual property, machinery, and equipment. The Delphi acquisition will provide CoolIT the additional mass market production resources to better accommodate the rapidly growing global industry demand for liquid cooled computers. As part of the Purchase Agreement, CoolIT Systems will be immediately servicing industry giants including Dell and Apple. With the acquisition, CoolIT reaffirms its position as the global leader in advanced liquid cooling for computers.

Since hitting the market in 2006, CoolIT has developed an expertise in high performance liquid cooling solutions and delivered to both the retail and OEM PC cooling markets. CoolIT recently shook up the PC industry with an extremely successful launch of Domino ALC delivering a powerful, maintenance free, liquid cooling solution for under $80 to the retail market. CoolIT combines its retail dominance with industry partnerships and OEM collaborations including nearly every major player in the high performance computing market.

“Traditional air cooling is no longer a viable roadmap option for servicing the PC industry’s high performance, heat-producing hardware” said Geoff Lyon, CEO of CoolIT Systems. “We’ve recognized this and made it our mission to produce advanced liquid cooling systems that embody the reliability and performance characteristics the industry needs for mass market adoption.”