Fabric8Labs is set to be acquired by electronic technology solutions provider TDK Corporation in a deal worth up to $400 million.
The transaction is subject to customary closing conditions, including regulatory clearances.
TDK and Fabric8Labs believe that, by entering the buying company's global manufacturing network, Electrochemical Additive Manufacturing (ECAM) technology would gain 'the production scale, supply chain resiliency, and operational infrastructure needed' to serve a rapidly growing base of enterprise customers across data centre infrastructure and next-generation electronics.
Fabric8labs' ECAM technology has been designed to enable the manufacture of advanced liquid cooling for data centre infrastructure, passive components for power regulation, and RF components for wireless communications systems. In advanced cooling products, ECAM is said to be able to reduce accelerator temperatures by up to 7 °C/kW compared to competing solutions, while for hyperscale operators and OEMs, that margin translates 'directly into increased silicon power densities, higher rack densities, improved energy efficiency, and extended component longevity.'
With its integration into TDK, ECAM will support a 'significantly broader customer portfolio' with the quality systems and geographic reach that tier-one OEMs and hyperscale operators require, the two companies say.
"Joining TDK group is a defining moment for Fabric8Labs, our technology, and most importantly our customers," said Jeff Herman, CEO and Co-Founder of Fabric8Labs. "We developed ECAM to solve manufacturing challenges at the frontier of performance — and we always knew that reaching its full potential would require a network with global reach and operational depth. TDK is that network. I'm proud of what our team has built, and I'm energised by what we will accomplish together."
"Fabric8Labs' ECAM technology is exactly the kind of foundational manufacturing innovation we look for — one that doesn't just improve on TDK's existing solution but enables products and performance levels that weren't previously achievable, contributing to the transformation of society," added Noboru Saito, President & CEO, TDK Corporation. "As data centre infrastructure continues to scale and the performance demands on advanced electronics intensify, we envision that by bringing this technology into our global manufacturing network and providing products that determine the performance of next-generation data centres, it will be a significant advantage for our customers."