nVent Announces New Strategic Investment in Iceotope Technologies Ltd.

Plans for Improved Collaboration offers innovative cooling solutions for data center, edge and high-performance computing applications

LONDON, 06 July 2022BUSINESS WIRE)–nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and security solutions, today announced a new strategic investment in Iceotope Technologies Ltd. and plans for enhanced collaboration through a strategic alliance agreement. This will further integrate Iceotope’s precision immersion cooling solutions with nVent’s holistic range of accessories, power distribution and advanced liquid cooling products. This builds on nVent’s current partnership with Iceotope to provide modular integrated solutions for data center and edge and high-performance computer cooling applications.

“There has never been a greater demand for data due to the increasing use of content streaming, cloud computing and industrial automation,” said Joe Ruzynski, president of Enclosures at nVent. “More data means higher energy consumption and the need to efficiently resolve heat and avoid downtime. I am excited that nVent and Iceotope are deepening their collaboration to deliver innovative cooling solutions for data centers that are more sustainable.”

“Since we partnered up last year, Iceotope and nVent have created innovative immersion cooling solutions that have been groundbreaking for our customers,” said Iceotope CEO David Craig. “In this next phase of our partnership, I am excited to expand our solutions portfolio together to bring the benefits of immersion liquid cooling to our customers.”

Infrastructure solutions for data centers and edge computing

nVent’s full line of air and liquid cooling solutions, combined with its broad portfolio of server racks, enclosures, intelligent power distribution units (PDUs), monitoring and sensors, electronic access control, cable management and infrastructure integration capabilities, enable rapid global implementation of immersion cooling or direct -to-chip technology in traditional rack footprints. This helps customers save valuable data center floor space and simplify deployments without sacrificing reliability, availability, or ease of maintenance.

Iceotope’s liquid cooling solutions provide extreme cooling performance, and isolate and protect critical IT systems from the environment and the atmosphere. Industry standard form factors allow for easy maintenance – in any location – without the need for heavy lifting equipment. Iceotope’s precision immersion cooling solutions can easily accommodate the increasing heat loads of the latest processors, while enabling ultra-low power consumption to help customers achieve their energy savings and sustainability goals.

About nVent

nVent is a leading global provider of electrical connection and security solutions. We believe that our inventive electrical solutions enable safer systems and ensure a safer world. We design, manufacture, sell, install and service high-quality products and solutions that connect and protect some of the world’s most sensitive equipment, buildings and critical processes. We offer a comprehensive range of enclosures, electrical connections, and mounting and thermal management solutions from leading brands recognized worldwide for quality, reliability and innovation. Our headquarters are in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER. More information on www.nvent.com

nVent, CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER are trademarks owned or licensed by nVent Services GmbH or its subsidiaries.

About Iceotope

Iceotope’s precision chassis-level immersion cooling solutions are designed to cool the entire IT stack, in every use case, from Hyperscale to the Extreme Edge. The cooling technologies can easily accommodate the increasing heat load of the latest and future processor roadmaps and fit into all standard form factors, including retrofit.

By removing the need for fans and air-cooling infrastructure, Iceotope’s technologies operate virtually silently – leading to breakthrough reductions in energy, water and space consumption, and significant cost savings in data center design, construction and operation.

Iceotope’s precision immersion cooling uniquely enables computers to be deployed to hostile, hard and extreme edge locations in a closed and secure environment, making it impervious to heat, dust and humidity while providing a high degree of human error resilience .

Visit www.iceotope.com

Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20220706005132/en/

Contacts

nVent media contact
Stacey Wempen
Director, External Communication
nVent
[email protected]
763.204.7857

Iceotope Media Contact
Pascal Holt
marketing director
ice cream cone
[email protected]
+44 (0) 7545 071119

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