Legit News
CoolIT Systems Ready To Acquire All of Delphi Electronics Cooling
One of our readers tipped me off over the weekend that Delphi was visiting Calgary, Alberta, CA last week and the reason why might come as a shock to many of you. If our source is correct Delphi was there last week to make a final deal to sell and turn over all of Delphi Thermal's Electronic Cooling engineering, products, patents and facilities in Mexico and China. This will make CoolIT Systems the number one OEM supplier in electronics cooling and a strong leader in the retail enthusiast market too since they will have all of Delphi's technology and patents!
Just think, not more than five years ago, CoolIT wanted Delphi to acquire them. Funny how things change over time. Delphi is shedding no-core businesses so GM can acquire them back into the fold. It's the only way for GM not to lose it's parts making ability here in North America. CoolIt may get the entire Delphi Electronics Cooling for less than pennies on the dollar. This will make CoolIT the #1 OEM supplier in electronics cooling and a strong leader in the retail enthusiast market too.
Posted by | Mon, Feb 23, 2009 - 06:19 AM
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