Business and Financial Review • Oct 13, 2015
Business and Financial Review
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Asetek - Receives Order for Largest Server Installation to Date
October 13th, 2015 - Asetek® announced today that it has received a purchase
order for its RackCDUT data center liquid cooling system placed by an
undisclosed Original Equipment Manufacturing (OEM) partner. The order for 21
RackCDU with Direct-to-ChipT cooling loops is to satisfy an undisclosed OEM
customer installation. Both the OEM and the end user will be announced when the
information becomes public.
Asetek expects future orders with this customer to result in more than 100
RackCDU with cooling loops for more than 6,000 compute nodes within the first 12
months of production and over 300 RackCDU within the first 3 years of
production. The order and OEM relationship is anticipated to result in between
$1.0M and $1.5M of revenue within the first 12 months. Production to fulfill the
order is expected to start within the next few months.
"We are excited about the opportunity to demonstrate our capabilities on such a
large scale," said André Sloth Eriksen, Founder and CEO of Asetek. "Although
this is just the first order, it is a strong validation of our value proposition
to data centers worldwide."
About Asetek
Asetek is the world leading provider of energy efficient liquid cooling systems
for data centers, servers, workstations, gaming and high performance PCs. Its
products are used for reducing power and greenhouse emissions, lowering acoustic
noise, and achieving maximum performance by leading OEMs and channel partners
around the globe.
Asetek's products are based upon its patented all-in-one liquid cooling
technology with more than 2 million liquid cooling units deployed in the field.
Founded in 2000, Asetek is headquartered in Denmark with offices in California,
China and Taiwan. For more information, visit http://www.asetek.com
For further information, please contact:
André S. Eriksen, Chief Executive Officer
Mobile: +45 2125 7076, e-mail: [email protected]
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