Asetek Receives Order for New HPC Installation from Existing Global Data Center OEM Partner

Rhea-AI Summary

Asetek announced a new order from an existing HPC OEM partner valued at approximately USD 750,000. The order is for a high-density cluster intended for an undisclosed end customer, with delivery expected in Q4 2020. CEO André Sloth Eriksen highlighted the significance of Asetek's solutions for handling high wattage processors in compact configurations. The company's annual group revenue guidance remains unchanged, indicating stable financial outlook despite this being a new order.

Positive

• New order valued at approximately USD 750,000 from existing HPC OEM partner.
• Delivery expected in Q4 2020, enhancing revenue generation.
• Stable annual group revenue guidance indicates financial resilience.

Negative

• None.

AALBORG, Denmark, Aug. 24, 2020 /PRNewswire/ -- Asetek today announced a new order from a current HPC OEM partner for a new, high-density cluster, for an undisclosed end customer.

The order value is approximately USD 750,000 depending on final configuration, with delivery expected to be completed in Q4 2020. Annual group revenue guidance remains unchanged.

"We are pleased to continue to partner with this OEM to bring computationally intensive HPC solutions to the marketplace. The selection of an Asetek-based solution is affirmation of how Asetek's flexible and reliable solutions enable the deployment of high wattage processors in high density configurations," said André Sloth Eriksen, CEO and founder of Asetek.

About Asetek
Asetek, the creator of the all-in-one liquid cooler, is the global leader for liquid cooling solutions for high performance gaming and enthusiast PCs, and environmentally aware data centers. Founded in 2000, Asetek is headquartered in Denmark and has operations in China, Taiwan and the United States. Asetek is listed on the Oslo Stock Exchange (ASETEK.OL).  

www.asetek.com 

For further information, please contact:
CEO and Founder André S. Eriksen
+45 2125 7076, email: ceo@asetek.com

Asetek A/S
Assensvej 2
DK-9220 Aalborg East
Denmark

 

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Release

SOURCE Asetek

 

 

 

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SOURCE Asetek

FAQ

What is the value of Asetek's new order announced on August 24, 2020?

The new order from Asetek is valued at approximately USD 750,000.

When is the delivery expected for Asetek's new high-density cluster order?

Delivery for the new order is expected to be completed in Q4 2020.

What does the new Asetek order signify for its business?

The order signifies ongoing partnership with an HPC OEM and enhances Asetek's revenue generation.

Is Asetek's annual revenue guidance affected by the new order?

No, Asetek's annual group revenue guidance remains unchanged despite the new order.

Who is the CEO of Asetek?

The CEO of Asetek is André Sloth Eriksen.