Vertiv Expands Global Portfolio with Acquisition of BSE’s Centrifugal Chiller Technology
December 25, 2024
Vertiv (NYSE: VRT), a global leader in digital infrastructure and continuity solutions, has announced the acquisition of key assets and technologies from BiXin Energy Technology (Suzhou) Co., Ltd. (BSE). This strategic move expands Vertiv’s chiller solutions and strengthens its capabilities to support high-performance computing (HPC) and AI applications worldwide.
Acquisition Details
- Focus: BSE specializes in water-cooled and air-cooled chillers, with cooling capacities of up to 5.5 MW, alongside heat recovery and reuse technologies.
- Technology: The integration includes magnetic-bearing centrifugal chillers, designed for high efficiency, low maintenance, and reliable performance.
- Global Strategy: This acquisition enhances Vertiv’s chiller portfolio, addressing the growing demand for air and liquid cooling solutions in data centers and HPC environments.
Leadership Remarks
- Giordano Albertazzi, CEO of Vertiv, stated:
“This acquisition supports our strategy to expand our portfolio with cutting-edge technologies, complementing Vertiv’s offerings for critical digital infrastructure globally.” - York Zha, CEO of BSE, added:
“We’re excited to join forces with Vertiv to deliver efficient and reliable chiller solutions for global data center customers.”
Why It Matters
The acquisition positions Vertiv as a stronger player in the cooling technology sector, especially in regions like Asia, where BSE has an established presence. By leveraging BSE’s advanced R&D capabilities and industry certifications (e.g., AHRI and CRAA), Vertiv aims to enhance its competitive edge in delivering sustainable and efficient cooling solutions.