Ecolab agrees to buy CoolIT Systems in an all-cash deal for $4.75 billion.

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Ecolab agreed to acquire data center cooling company CoolIT Systems from KKR for $4.75B in cash, creating an end-to-end fluid management and cooling platform for AI data centers.

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St. Paul-based Ecolab is plunging into the data center cooling market with a $4.75 billion acquisition, its largest in more than a decade. Ecolab is buying CoolIT Systems, which makes products and ...