Intelligent power management company Eaton has completed the acquisition of the Boyd Thermal business of Boyd Corporation from Goldman Sachs Asset Management. Boyd Thermal is a leader in thermal components, systems and ruggedized solutions for data centers, aerospace and other end markets.
Commenting on the development, Paulo Ruiz, Chief Executive Officer, Eaton, said, “Boyd Thermal’s expertise in liquid cooling will enable us to continue to meet soaring AI-driven demand. We’ll deliver integrated solutions from grid to chip that boost reliability, speed deployments and create greater value for customers worldwide. We’re excited to welcome the Boyd Thermal team to Eaton and work together to meet the growing needs of our data center customers.”
Expressing their views, Doug Britt, Chief Executive Officer, Boyd Corporation, said, “We’re thrilled to be joining Eaton, combining our decades of thermal innovation with Eaton’s global scale and power management expertise. This positions Eaton to deliver integrated power and cooling solutions that meet the accelerating demands of AI. Together, we’ll deliver smarter, more reliable solutions for customers worldwide.”
Boyd Thermal is a global business based in the U.S., with more than 6,000 employees and manufacturing sites across North America, Asia and Europe. With its start as an industrial fabricator in 1928 and decades-long history as an aerospace thermal management supplier, today the Boyd Thermal business serves data center, industrial, aerospace and other markets.
