Press Release
- Innventure has established a new company, Accelsius, to commercialize Nokia’s groundbreaking cooling technology for critical electronic equipment
- The technology offers high-performance, energy efficient cooling
- Accelsius has acquired the rights to the technology from
Nokia and will be responsible for its further development and commercialization
June 13, 2022
Espoo,
The groundbreaking, scalable cooling technology provides cooling direct to the chip or other heat sources. A passive two-stage coolant circulation process enables reliable, energy efficient heat transfer and dissipation from high density heat sources, without using pumps. The simple to install, energy efficient and compact cooling solution is adaptable for a broad range of critical electronic equipment and can be deployed at any scale, from a single server to large data centers.
Jukka Nihtila, Nokia’s Vice-President of Patent Transactions and External Alliances, said: “Energy efficient networks and reliable cooling have always been important areas of innovation at
The collaboration between
About
At
As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning
Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.
About Innventure
Founded in 2015, Innventure launches new companies targeting $1B+ potential enterprise value through the identification, funding, and commercialization of truly disruptive technologies invented by large Multinational Partners. To date, Innventure has launched three new companies: PureCycle Technologies, Aeroflexx, and now Accelsius. The technologies Innventure chooses to commercialize meet specific unmet needs and provide immediate economic value that supports rapid adoption. We proactively help mitigate many of the risks inherent in building high growth companies through our systematic DownSelect® analysis and by supporting our new companies with seasoned leadership through growth and exit.
Media Inquiries
Communications
Email: press.services@nokia.com
Innventure
Head of Marketing
Email: carnold@innventure.com
Source:
2022 GlobeNewswire, Inc., source