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Asetek Receives Order from Existing Global Data Center OEM Partner

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Asetek has secured a new order valued at approximately USD 600,000 from a current HPC OEM partner. Shipments for this order are expected to begin late 2020 and conclude early 2021. Asetek specializes in liquid cooling solutions for high-performance gaming PCs and data centers, and this order underscores its ongoing relationship with global partners.

Positive
  • Received a new order valued at approximately USD 600,000.
  • Strengthens ongoing partnerships with HPC OEM partners.
  • Anticipated shipments to begin late 2020.
Negative
  • None.

AALBORG, Denmark, Oct. 8, 2020 /PRNewswire/ -- Asetek today announced a new order from a current HPC OEM partner. The order value is approximately USD 600,000 depending on final configuration. Shipments are anticipated to commence late this year and conclude early next year.

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 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/asetek/r/asetek-receives-order-from-existing-global-data-center-oem-partner,c3212401

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https://mb.cision.com/Main/6758/3212401/1316354.pdf

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SOURCE Asetek

FAQ

What is the value of Asetek's new order with its OEM partner?

The order is valued at approximately USD 600,000.

When will Asetek start shipping its new order?

Shipments are expected to commence late 2020.

What does Asetek specialize in?

Asetek specializes in liquid cooling solutions for gaming PCs and data centers.

Which stock symbol represents Asetek?

Asetek is represented by the stock symbol ASHEK.

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