Vertiv acquires centrifugal chiller technology
20th December 2024UK: Vertiv has invested in centrifugal chiller technology with the acquisition of certain assets of BiXin Energy Technology (Suzhou) Co (BSE).
Early this year, Vertiv started partnering with BSE to manufacture Vertiv-branded products for existing customers in China and throughout Asia.
This acquisition by Vertiv’s Chinese subsidiary will strengthen Vertiv’s portfolio of critical technologies and solutions in support of high-performance compute and AI applications globally.
Founded in 2010, BSE has a presence in China and other Asian regions, along with industry patents, advanced technology solutions and strong research and development capabilities that Verity says will will reinforce its own global offering.
BSE’s core product offerings include oil-free, magnetic-bearing centrifugal water-cooled and air-cooled chillers incorporating pumped-refrigerant-economisation technology, with cooling capacities of up to 5.5MW. It is seen as a leader in the Asia region on centrifugal technology.
“This acquisition supports our capital allocation strategy, which includes adding technologies that are early in the maturity curve to our portfolio,” said Vertiv CEO Giordano Albertazzi.
“BSE’s solutions and technologies complement and reinforce Vertiv’s existing chiller portfolio and will assist us in addressing growing air and liquid cooling demand to support high-performance compute and AI.”