Asetek has found a new partner for the development of watercooling for data centers

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POSTER: computer news   ||   ASETEK HAS FOUND A NEW PARTNER FOR THE DEVELOPMENT OF WATERCOOLING FOR DATA CENTERS	DATE:2017-04-30
The well-known manufacturer of maintenance-free liquid cooling systems - Asetek - published a report on its work in the first quarter of 2017 calendar year.  During the reporting period, the company raised $ 11.5 million, which is 10% more than the revenue for the same quarter of the previous year.  The engine of revenue, as admitted in the company, was the desktop video card market.  More precisely, the demand for self-installed users on the graphics adapters of maintenance-free CBOs. At the same time, Asetek is trying hard to break into the market for unattended server cooling systems.  In recent years, the company has done a lot for this.  However, in the current reporting period, the decline in interest in server cooling systems has undermined the revenue of Asetek in this direction.  So, in the first quarter, the revenue from products for the data center was $ 400,000, although a year earlier on that front, it earned $ 1 million for the quarter. The decrease in revenue did not stop Asetek's investment in the server area, which is still accompanied by net losses (all profits and, in addition, are invested in Development). A separate reason for pride was the conclusion of a contract with another major server manufacturer about the beginning of joint developments in the field of server liquid cooling systems.  At the same time, the company's name was not disclosed. Finally, Asetek received the long-awaited compensation payments from CMI USA, Inc.  (Cooler Master).  This story runs from 2004, when Asetek sued Cooler Master and accused it of violating a number of its patents .  According to the court's decision, CMI paid Asetek $ 600,000. This amount includes deductions for the sale of products that violate Asetek's patents (14.5% of CMI revenue), and cash compensation for other costs.   Related Products :

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Xtreview Support N-Post:xxxx Xtreview Support	ASETEK HAS FOUND A NEW PARTNER FOR THE DEVELOPMENT OF WATERCOOLING FOR DATA CENTERS
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