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Flex Acquires JetCool to Expand Data Center and Power Portfolio
FlexFlex(US:FLEX) Prnewswireยท2024-11-14 21:05

Core Insights - Flex has acquired JetCool Technologies to enhance its data center and power portfolio, addressing the growing challenges of power, heat, and scale in AI workloads and high-performance computing [1][2] - The acquisition combines JetCool's advanced liquid cooling technologies with Flex's expertise in IT and power infrastructure, enabling customers to deploy AI servers at scale [1][2] Company Overview - Flex is a global manufacturing partner that provides technology innovation, supply chain, and manufacturing solutions across diverse industries [5] - The company operates in 30 countries and focuses on responsible and sustainable operations [5] JetCool Technologies - Founded in 2019, JetCool specializes in liquid cooling solutions for hyperscale, enterprise, colocation, and semiconductor customers [2] - JetCool's products include microconvective cooling systems, fully sealed cold plates, and a recently announced Coolant Distribution Unit (CDU) capable of cooling racks up to 300kW, scalable to over 2MW [2] Industry Context - The acquisition is positioned to meet the increasing demands for cooling solutions in the AI and high-performance computing sectors, which require greater performance, efficiency, and sustainability [2] - Flex's manufacturing capabilities support the mass deployment of vertically integrated data center racks, addressing industry-wide challenges with power, heat, and scale [4]