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Asetek
Liquid-cooling OEM for data-center and high-density AI racks, spanning rack-level and facility thermal loops used in HPC and AI campuses. CQXA Holdings, a subsidiary of Suzhou Chunqiu Electronic Technology, completed a takeover offer for about 95.3% of Asetek's shares in April 2026. Nasdaq Copenhagen approved the delisting, and May 21, 2026 was the last trading day of Asetek's shares.
Operators and OEMs specifying liquid cooling for high-density AI or HPC racks who value a publicly reported thermal supplier.
Buyers who only need facility-level immersion tanks, or teams shopping for GPU cloud capacity, which Asetek does not sell.
Verdict
Asetek is a good fit when your AI or HPC design needs liquid cooling from an OEM that delisted from Nasdaq Copenhagen in May 2026 and published FY2025 financials. FY2025 revenue was about $41.5M, which helps size the vendor, but deployments still ride through OEM and integrator channels. Practitioners like thermal performance on dense racks; schedule risk and channel packaging are the usual caveats versus immersion specialists.
Score Breakdown
How Asetek scores in the categories that matter to its buyers.
The Field at a Glance
Where Asetek ranks among Power, cooling & facility ops vendors we reviewed, by Overall Score and relative typical engagement cost.
Asetek scores 6.8 among power/cooling peers, behind Utilidata (7.8) and ahead of Submer (6.7) and Green Revolution Cooling (6.4). Relative cost is mid-to-high because liquid-cooling OEM deals are project-quoted.
Use-case matrix
| Use case | Fit | Notes |
|---|---|---|
| Rack liquid cooling loops | Strong | Liquid cooling loops are Asetek's core OEM product. |
| High-density AI rack thermal | Strong | AI/HPC positioning. |
| Facility immersion tanks | Mixed | Less immersion-first than Submer/GRC. |
| Grid / power orchestration software | Weak | Utilidata sells grid and power software. |
| GPU cloud rental | Poor | Asetek does not rent GPU capacity. |
| Consumer PC cooling only | Weak | Data-center AI focus here. |
Review Excerpts
Representative buyer views drawn from public information about Asetek. Paid reviews and pay-for-play sites were excluded.
“Direct-to-chip loops let us run denser racks than air cooling allowed in the same hall.”
Representative buyer view
“We specify its loops through our server OEM for a high-density AI deployment.”
Representative buyer view
“Deals are project-quoted through OEM channels, and the change of control added a question for our vendor review.”
Representative buyer view
Where customer reviews couldn't be found, our analysts attempted to give a voice to buyer sentiment, drawing on real information from review sites, forums, and product documentation.
Based on: Asetek’s website and Asetek’s notice of the takeover offer
Company Facts
- Founded
- 1997 (Wikipedia)
- Status
- Delisted from Nasdaq Copenhagen after May 21, 2026, its last trading day; takeover offer completed by CQXA Holdings, owned by Suzhou Chunqiu Electronic Technology (Asetek; Asetek)
- Website
- asetek.com
Methodology
This page is an independent evaluation of Asetek for buyers comparing options in power, cooling & facility ops. AI Industry Reviews accepts no sponsorships, advertising, or pay-for-placement fees. Asetek did not pay for this review.
What we scored
The headline number is an Overall Score on a 0-10 scale. Eight criteria fall under it in two groups.
- Buyer outcomes (for power, cooling & facility ops)
- Liquid cooling performance
- AI / HPC density fit
- OEM / channel readiness
- Project delivery support
- Company & commercial
- Innovation & product leadership
- Project management & communication
- Pricing
- Contract fairness
Pricing measures whether the price looks fair for the value delivered, including packaging and renewal friction that show up in real buying cycles.
Score Composition
| Input | Weight | What it covers |
|---|---|---|
| Reviews | 40% | A proprietary read of what practitioners say about likes, complaints, and day-to-day use, including public review sites, forums, and private chat rooms. Paid reviews and pay-for-play sites are out of scope. |
| Product | 35% | Hands-on look at screens and workflows. |
| Pricing | 15% | Whether the price looks fair for what you get. |
| Docs & training | 10% | Docs, tutorials, and training material. |
How we balanced the evidence
The Overall Score is the simple average of the eight criteria. Recommendation language follows that score and the use-case matrix above.
Scope
Asetek is graded here as power, cooling & facility ops. Criteria scores can move as more review volume and product checks are added.