KyotoCooling® Completes Acquisition of Assets And Control In North America
The company has acquired assets and control from former North American licensee.
KyotoCooling BV has announced it has completed the acquisition of assets and certain customer relationships from its former North American licensee. The deal follows the September 1, 2017 assumption of control of all North American operations by KyotoCooling BV and expands its capabilities in Canada and the United States, ensuring the consistent fulfillment and delivery of in-progress and new product orders.
With this acquisition, KyotoCooling BV further solidifies its manufacturing, engineering and delivery capabilities in alignment with the global expansion of its well-capitalized operations.
"The last three years have marked major market expansion for KyotoCooling and the development of a market leading hyper-scale data center cooling solution. This acquisition and integration of operations sets the stage for our well-capitalized and accelerated global expansion strategy," said John Drossos, CEO of KyotoCooling BV. "Customer response and trust has been strong through this process and we look forward to continuing to earn the business of leading data center developers with a program of market leading innovation in 2018 and beyond."