Modine, a diversified global leader in innovative thermal management solutions, has announced it has purchased the intellectual property and other specific assets of TMG Core, a specialist in single- and two-phase liquid immersion cooling technology for data centres with high-density computing requirements.
“Modine’s investment in liquid immersion cooling technology advances our strategy to expand our global data centre product offering and capture market opportunities that help us achieve our long-term growth targets,” said Neil Brinker, President and Chief Executive Officer of Modine.
“This investment strengthens Modine’s position in the rapidly growing data centre market, providing our customers with advanced solutions to support high-density, accelerated computing applications, such as Generative AI, 5G and Machine Learning.”
The investment positions Modine to capture share in the rapidly developing data centre liquid cooling market, which analysts forecast to reach US$7.8 billion by 2028. Liquid immersion cooling involves submerging IT servers in tanks filled with non-conductive fluid that dissipates the heat generated by the IT load.
“Modine’s investment in liquid immersion cooling technology expands the innovative solutions our Airedale brand can offer throughout the thermal chain, allowing us to cover air, liquid and hybrid systems,” said Eric McGinnis, President, Modine Climate Solutions. “Our customers lean on us to help them solve the heat problem in next-generation, mission-critical IT applications where they need to maximise processing efficiency while complying with increasingly strict emissions and energy efficiency requirements.”
