ECL
$256.48-2.22 (-0.86%)
Ecolab Inc.
Recent News
Ecolab Buys CoolIT Systems for $4.75 Billion. It’s All About AI for the Struggling Stock.
Ecolab agreed to buy liquid cooling company CoolIT Systems in an all-cash deal worth $4.75 billion, broadening its exposure to the artificial-intelligence boom. CoolIT focuses exclusively on liquid cooling solutions for data centers, which use the technology to keep fragile computing hardware operating. Ecolab the Minnesota-based water services company, said the acquisition will bolster its cooling offerings for data center operators, which are increasingly shifting to liquid cooling from air.
Ecolab to Acquire CoolIT in $4.75 Billion AI Cooling Deal
Ecolab agrees to buy CoolIT from KKR, targeting AI data center cooling as demand surges globally.
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We looked for promising names in materials and healthcare, and found some investments that should thrive in today’s economy.
Sector Update: Financial Stocks Mixed Friday Afternoon
Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index down 0.5% and
Ecolab Buying CoolIT Systems in $4.75 Billion Deal as Data Center Liquid Cooling Demand Surges
Ecolab (ECL) agreed to acquire CoolIT Systems from KKR (KKR) in a $4.75 billion deal as technology c