Data Center Services/Solutions

Ecolab Inc. Acquires CoolIT Systems Inc. in a US4.75 Billion Deal That Reshapes the Data Center Cooling Market

Ecolab Inc. Acquires CoolIT Systems Inc. in a US4.75 Billion Deal That Reshapes the Data Center Cooling Market

Key Takeaways: Ecolab Inc. Acquires CoolIT Systems Inc. in a US4.75 Billion Deal That Reshapes the Data Center Cooling Market Key Takeaways: • Ecolab Inc. purchased CoolIT Systems Inc. for US4.75 billion, one of Canada’s largest tech exits • The acquisition positions Ecolab to expand its high‑tech cooling portfoli

Meta Used Off‑Balance‑Sheet Structure for $27 Billion Data‑Center Project, With EY Approving the Accounting

Meta Used Off‑Balance‑Sheet Structure for $27 Billion Data‑Center Project, With EY Approving the Accounting

Key Takeaways: Meta Used Off‑Balance‑Sheet Structure for $27 Billion Data‑Center Project, With EY Approving the Accounting Key Takeaways: • Meta used a financing structure that kept a major $27 billion data‑center buildout off its balance sheet • EY ultimately approved Meta’s accounting treatment for the arrangeme