Press Release

Modine makes strategic move in liquid immersion cooling for data centers

Press Release by Airedale Thu 4 Jan 2024

Modine has announced the acquisition of intellectual property and other assets from TMG Core, a specialist in single and two-phase liquid immersion cooling technology.

This strategic move is aimed at supporting data centres with high-density computing requirements and marks a significant enhancement to Modine’s cooling solutions portfolio.

Neil Brinker, President and Chief Executive Officer of Modine, said: “Modine’s investment in liquid immersion cooling technology advances our strategy to expand our global data centre product offering and capture market opportunities that help us achieve our long-term growth targets.”

Brinker emphasised that this investment bolsters Modine’s position in the rapidly growing data centre market, offering customers advanced solutions for high-density computing applications like Generative AI, 5G, and machine learning.

Expanding Capabilities in a Growing Market

The data centre liquid cooling market is forecasted to reach $7.8 billion by 2028.

Liquid immersion cooling, a key area of this market, involves submerging IT servers in non-conductive fluids to dissipate heat. This technology allows for increased computing density, supports reduced energy and water consumption, and offers the potential for heat reclaim.

Liquid immersion cooling is particularly relevant for edge data centre applications where reduced latency is crucial, such as in autonomous vehicles.

Eric McGinnis, President of Modine Climate Solutions, said: “Modine’s investment in liquid immersion cooling technology expands the innovative solutions our Airedale brand can offer throughout the thermal chain, covering air, liquid, and hybrid systems.”

McGinnis noted the increasing demand for solutions that address heat management in mission-critical IT applications while meeting stringent emissions and energy efficiency standards.

Modine’s latest investment is set to enhance its global offerings in the data centre space, providing customers with comprehensive systems that include intuitive controls and global manufacturing and support.

This development represents a significant step in addressing the evolving needs of high-density data centre applications.

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