nVent Announces New Strategic Investment in Iceotope Technologies Ltd.

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

“There has never been a greater demand for data due to the growing use of streaming content, cloud computing and industrial automation,” said nVent President of Enclosures Joe Ruzynski. “Increased data means higher energy consumption and the need to effectively solve the heat problem and avoid downtime. I am excited that nVent and Iceotope are deepening their collaboration to provide innovative cooling solutions for data centers that are more sustainable.”

“Since we started working together last year, Iceotope and nVent have created innovative immersion cooling solutions that have changed the game for our customers,” said Iceotope CEO David Craig. “In this next phase of our collaboration, I’m excited to expand our portfolio of solutions together to bring the benefits of immersion liquid cooling to our customers.”

Infrastructure solutions for data centers and end computers

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

Iceotope liquid cooling solutions offer extreme cooling performance while isolating and protecting critical IT systems from the environment and atmosphere. Industry standard form factors allow for easy maintenance – anywhere – without the need for heavy lifting equipment. Iceotope’s precision immersion cooling solutions can easily accommodate the increasing thermal loads of the latest processors while enabling ultra-low power consumption to help customers achieve their energy reduction and sustainability goals.

About nVent

nVent is a leading global provider of electrical connectivity and protection solutions. We believe that our inventive electrical solutions enable safer systems and ensure a safer world. We design, manufacture, sell, install and service high performance products and solutions that connect and protect some of the world’s most sensitive facilities, buildings and critical processes. We offer a wide range of enclosures, electrical connections and mounting and thermal management solutions from industry leading brands that are globally recognized for quality, reliability and innovation. Our main office is in London and our United States management office is in Minneapolis. Our robust portfolio of leading electrical brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER. Learn more at www.nvent.com.

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

About Iceotope

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

By eliminating the need for fans and air-cooling infrastructure, Iceotope’s technologies operate almost silently—providing game-changing reductions in energy, water, and space consumption and significant cost reductions in data center design, construction, and operation.

Iceotope’s precision immersion cooling uniquely enables PCs to be deployed in hostile, harsh and extreme locations in a sealed and safe environment, making it impervious to heat, dust and humidity while also endowing it with a high degree of resilience to human error.

Visit www.iceotope.com

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