Acquiring Company
Vertiv
Acquired Company
ThermoKey S.p.A
Westerville
ItalyManufacturingInformation TechnologyHardwareSoftwareInternet ServicesAnalyticsData CenterManufacturingDescription
Vertiv has announced its agreement to acquire ThermoKey S.p.A., enhancing its thermal management portfolio for AI data centers. The acquisition will expand Vertiv's capabilities in thermal technology, particularly in EMEA. It is expected to provide improved options for customers optimizing performance and energy efficiency. The deal is subject to regulatory approvals and is anticipated to close in the second quarter.
Quick answer
Vertiv is acquiring ThermoKey S.p.A, announced March 25, 2026. Vertiv is based in Westerville, Ohio, United States.
- How much did Vertiv pay for ThermoKey S.p.A?
- The deal value was not disclosed.
- What does Vertiv do?
- Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs.
- Where are Vertiv and ThermoKey S.p.A based?
- Vertiv is based in Westerville, Ohio, United States. ThermoKey S.p.A is based in Italy.
- Who are the decision-makers at Vertiv?
- Fundz holds 1 contact at Vertiv. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hardware and Internet Services
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Vertiv acquires Strategic Thermal Labs for cooling tech (April 27, 2026)
- Vertiv acquires BMarko Structures for expansion (April 13, 2026)
- Everpure to acquire 1touch for data innovation (February 23, 2026)
- Pure Storage to acquire 1touch in major deal (February 23, 2026)
- GigCapital7 acquires Hadron Energy in merger approval (May 8, 2026)
- Diginex acquires Resulticks for $1.5B in stock, $1.5B (April 26, 2026)
Who to call at Vertiv, and when
When Vertiv changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Vertiv raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Vertiv, from your own LinkedIn network
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Frequently asked
Who acquired ThermoKey S.p.A?
ThermoKey S.p.A was acquired by Vertiv, based in Westerville. The deal was reported on March 24, 2026. Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv is publicly traded (VRT) and operates in Manufacturing.
When did Vertiv acquire ThermoKey S.p.A?
Vertiv's acquisition of ThermoKey S.p.A was reported on March 24, 2026. Vertiv has announced its agreement to acquire ThermoKey S.p.A., enhancing its thermal management portfolio for AI data centers. The acquisition will expand Vertiv's capabilities in thermal technology, particularly in EMEA. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ThermoKey S.p.A do?
ThermoKey S.p.A. is a leading provider of heat rejection and heat-exchange technologies. Founded in 1991, it possesses extensive experience in heat exchangers for data center cooling. It is privately held, operating in Manufacturing, and is based in Italy.
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