Nokia ties up with Innventure on ‘groundbreaking’ cooling tech
Nokia Bell Labs has apparently been developing what it calls “groundbreaking cooling technology for critical electronic equipment” for over a decade. Parent company Nokia is now looking to cash in.
With a view to commercializing the tech – the main target markets are data centers and mobile networks – Nokia has set up a new company with private Innventure, which specializes in disruptive tech investment.
Called Accelsius, the new company has acquired the rights to the cooling technology from Nokia and will be responsible for its further development and commercialization.
There is believed to be a “sharing agreement” of some sort between Innventure and Nokia, allowing the Finnish supplier to financially benefit on the back of Accelsius growth.
No timetable has been publicly set for when the tech will see commercial light of day.
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