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CoolIT

Ecolab Acquires Calgary’s CoolIT in $4.75B AI Cooling Deal

Newsdesk, March 20, 2026

U.S.-based water and energy management firm Ecolab has agreed to acquire Calgary-founded CoolIT Systems in a deal valued at approximately USD $4.75 billion, marking a major push into the fast-growing AI data centre market. CoolIT, headquartered in Calgary, develops advanced liquid cooling technologies used in high-performance computing and hyperscale data centres. The … [Read more...] about Ecolab Acquires Calgary’s CoolIT in $4.75B AI Cooling Deal

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