HVAC company Daikin has acquired liquid cooling firm Chilldyne.

Daikin Applied Americas today announced the acquisition of Chilldyne, a provider of direct-to-chip cooling systems. Terms of the deal were not shared.

"By acquiring Chilldyne, Daikin Applied is poised to deliver a comprehensive suite of data center cooling solutions that address the evolving needs of our customers and set a new standard for performance and uptime," said Yu Nishiwaki, chief operating officer, Daikin Applied Americas.

"Chilldyne's negative pressure technology offers cost and uptime advantages over traditional positive pressure systems, positioning our business as a leader in the high-performance data center cooling space."

Chilldyne's patented liquid cooling distribution unit (CDU) technology uses a negative pressure system that delivers chip-level cooling while mitigating the risk of leaks. Its CDUs offer up to 300kW of cooling capacity. The firm also offers cold plates, rack manifolds, and monitoring software.

"Joining Daikin Applied allows us to rapidly scale our second-generation liquid cooling ecosystem to enable global data center adoption," said Dr. Steve Harrington, CEO, Chilldyne. "We look forward to working together to widely deploy our resilient system to ease the transition to a liquid-cooled future."

Daikin said the acquisition of Chilldyne marked a “pivotal step” in its broader strategy to deliver a “comprehensive ecosystem of cooling solutions for hyperscale data centers.”

Daikin Applied, part of Daikin Industries, designs and manufactures advanced commercial and industrial HVAC systems. It offers air-cooled, water-cooled, or hybrid systems for data center customers.

The company acquired DDC Solutions, a San Diego-based developer of high-density cooling cabinets and management software for data centers, earlier this year.

CapM Advisors acted as the exclusive financial advisor to Chilldyne in this transaction.