Aug 12 (Reuters) - Ecolab ( ECL ) said on Tuesday it
would buy Ovivo's electronics unit for about $1.8 billion in
cash to expand its ultra-pure water technology for semiconductor
manufacturing, as demand for advanced microchips and AI grows.
Water consumption in data centers has increased
significantly due to the higher cooling requirements of
power-intensive graphics processing units for AI and
high-performance computing compared to conventional servers.
A single semiconductor fab can consume as much water
annually as 17 million people, Ecolab ( ECL ) said.
"Combined, we expect our $800 million global high-tech
business to grow strong double-digits, with an attractive
operating income margin," said CEO of Ecolab Christophe Beck.
Ovivo Electronics is expected to generate $500 million
in sales in 2025.
The deal is expected to close in the first quarter of
2026.