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Rheinmetall Continues Investment in Digitalisation

Acquires Stake in Incooling BV

As Rheinmetall continues its investment in digitalisation (see 5 Jan story here), the German conglomerate has entered a strategic partnership with IT hardware specialist Incooling BV, acquiring an equity stake in the Eindhoven-based company.

With virtual services playing an ever-growing role in governmental, industrial and societal life, computer centres face increasing challenges in reducing their CO2 footprints, optimising energy consumption (which often derives from municipal power grids) and maintaining stable electricity supply. Incooling is developing next-generation two-phase cooled servers that deliver outstanding performance while requiring substantially less power.

The investment constitutes a further important step in the strategic transformation of Rheinmetall’s Sensors and Actuators division – and acquiring a stake in the Dutch company also supports the marketing of its next-generation server solutions. Moreover, in addition to digitalisation, it augments Rheinmetall’s expertise base in four other technology clusters: automation, sensors, alternative mobility, and artificial intelligence (AI).

Incooling server systems feature phase-change cooling technology and AI-based control systems designed to reduce the temperature at which CPUs currently operate. The servers thus attain faster processing speeds, with significantly lower power consumption compared with server systems currently extant. This is especially advantageous for advanced applications such as AI, high-performance computing, elaborate R&D simulations and high-frequency transactions for banking solutions.

For us this is an important, future-oriented partnership and an investment in our strategic transformation. Incooling’s cutting-edge technology perfectly complements Rheinmetall’s existing capabilities. Rheinmetall brings to the partnership its expertise in thermal management and industrialization and all the strength of a technology powerhouse. Together, we will achieve a sustainable footprint in the digital domain,” explained Rene Gansauge, CEO of Rheinmetall’s Sensors and Actuators division.

Rudie Verweij, Incooling CEO, pointed out, “Accessing capital isn’t easy for hardware companies, especially in the semiconductor industry. We’re very happy to be working with a company now that can provide us with capital as well as support in creating first-class supply chains. Moreover, Rheinmetall possesses unsurpassed expertise in putting together extremely reliable high-tech systems. We look forward to making our solutions available to pilot customers.

Rheinmetall’s contribution is not limited to a capital injection. The company will support its new partner with know-how in high-quality fabrication and assembly processes, drawing on its operational expertise to reinforce Incooling’s innovative excellence.

 

The strategic investment continues Rheinmetall’s avowed policy of pursuing initiatives in the digitalisation arena. (Rheinmetall)

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Publish date

01/16/2023

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