Graco's Electric Torque Machines Subsidiary Inks License Deal With ABB For Use Of Its Technology In Data Center Cooling Towers, Heat Rejection Systems

Electric Torque Machines (ETM), a wholly owned subsidiary of Graco Inc. (NYSE:GGG) and owner of patented Transverse Flux Motor (TFM) technology, today announced that ABB has signed a license agreement covering the use of ETM’s technology in data center cooling towers and heat rejection systems.

The agreement builds on a successful collaboration between ABB and ETM in industrial applications to capitalize on one of the fastest-growing areas of global infrastructure. As artificial intelligence, cloud computing, and high-density data centers accelerate demand for thermal management, cooling performance is becoming increasingly important to energy use, operating cost, reliability, and the ability to support higher-density computing.