Lubrizol and Park Place Technologies Partner to Expand Collaboration With Intel® by Providing World-class Service, Maintenance and Monitoring for State-of-the-art Immersion Cooling Systems in Data Centers | news

CLEVELAND–(BUSINESS WIRE)–May 10, 2022–

Today, data centers are largely cooled by inefficient and expensive air conditioners. Lubrizol’s immersion cooling ecosystem solution, using CompuZol™ Immersion fluids, addresses the limitations posed by air-cooled methods by delivering a turn-key, sustainable immersion-cooled solution that enables superior thermal management and increased infrastructure density. The solution helps protect customers’ enterprise infrastructure investments and provides greater assurance to future technologies than traditional air-cooled systems, all while helping customers reach their global sustainability goals.

Now, The Lubrizol Corporation and Park Place Technologies have announced that Park Place will become a certified partner of this ecosystem solution, leveraging its market-leading capabilities to provide on-demand service, maintenance and real-time monitoring capabilities to customers utilizing immersion-cooled solutions from Lubrizol. Park Place is an Intel ® Data Center Solutions Premium Support Partner that brings global reach and scale together with Intel ® certified testing and validation capabilities.

“Lubrizol’s immersion cooled ecosystem solution delivers advantages to today’s data center operators ranging from lower energy costs and higher computing densities to longer server life, all through a more sustainable solution than conventional air cooling,” said Matt Joyce, Vice President, Corporate Business Development for lubrizol. “Our partnership with Park Place Technologies adds a world-class service, maintenance and monitoring capability to our sustainable offering.”

“Park Place’s industry-leading global service, support, and preventative maintenance capabilities provide the optimal synergy with Lubrizol’s immersion cooled ecosystem solution, delivering a circular economy and sustainability-focused solution aimed at unlocking power densities of the future,” said Chris Adams, President and CEO of Park Place. “Our portfolio of third-party data center hardware maintenance, professional service, infrastructure managed services, network performance monitor and hardware sales, paired with Lubrizol’s novel turn-key solution using CompuZol™ immersion fluid, will deliver substantial value to our customers and end- users, enabling virtually seamless adoption of single-phase immersion cooling technologies with the support of world-class organizations.”

“Scaling innovative technologies such as liquid immersion cooling is critical to maximizing data center power efficiency as well as minimizing data center carbon footprint,” said Jennifer Huffstetler, VP and GM, Data Center Platform Strategy, Mobilization, Sustainability and Services at Intel. “We’re thrilled to see the partnership of Lubrizol and Park Place Technologies to scale the commercial deployment of CompuZol™ based liquid immersion cooling solutions. The combination of Park Place Technologies’ expertise in deploying Intel Xeon ® processor-based solutions along with Lubrizol’s proven, validated, and environmentally friendly CompuZol™ liquids demonstrates the technology is ready for worldwide deployment.”

Lubrizol’s immersion cooled ecosystem solution begins with Lubrizol’s family of patented thermal management CompuZol™ immersion fluids, designed specifically for Data Center, Edge, and Far Edge applications. Through a multi-year collaboration with Intel, and partnerships with other industry leaders in the infrastructure, server design and manufacturing, and immersion tank industries – and now in maintenance and service through Park Place – this ecosystem solution brings together Immersion Cooling with new technology advancement for sustainability, and delivers a turn-key solution for customers looking to unlock higher computing power densities while reducing energy and water consumption and extending server life.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway Company, leverages its unmatched science to unlock immense possibilities at the molecular level, driving sustainable and measurable results. Founded in 1928, Lubrizol owns and operates more than 100 manufacturing facilities, sales and technical offices around the world and has approximately 8,600 employees. The CompuZol™ trademark is owned by The Lubrizol Corporation. For more information, visit www.Lubrizol.com.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. Powered by the world’s largest on-the-ground engineering team, a robust group of advanced engineers and our fully staffed, 24x7x365 Enterprise Operations Center, we offer a robust portfolio of IT solutions to optimize networking and data center Uptime and performance. Through our unique, sustainability-focused and fully integrated DMSO (Discover, Monitor, Support, Optimize) approach, customers enjoy streamlined infrastructure monitoring and management, cost efficiencies, less chaos, and faster mean-time-to-resolution – ultimately providing the freedom to think bigger.

About Intel

Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge, and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20220510005333/en/

CONTACT: Lubrizol business contact:

Javier Juanet

Javier.Juanet@lubrizol.comLubrizol media contact:

Jeff Linton

Jeff.Linton@lubrizol.comPark Place Technologies media contacts:

Jennifer Deutsch

jdeutsch@parkplacetech.com

Michael Miller

mmiller@parkplacetech.com

KEYWORD: UNITED STATES NORTH AMERICA OHIO

INDUSTRY KEYWORD: OTHER MANUFACTURING TECHNOLOGY CONSTRUCTION & PROPERTY SEMICONDUCTOR OTHER TECHNOLOGY MANUFACTURING BUILDING SYSTEMS HARDWARE DATA MANAGEMENT

SOURCE: The Lubrizol Corporation

Copyright Business Wire 2022.

PUB: 05/10/2022 07:30 AM/DISC: 05/10/2022 07:32 AM

http://www.businesswire.com/news/home/20220510005333/en

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