Asetek Raises $8 Million and Appoints Industry Veteran Sam Szteinbaum Chairman of the Board

December 15, 2009 | 16:28

Companies: #asetek

Successful Product Launches with Corsair Memories, Dell Alienware, and HP Workstations Give Investors Confidence in the Future of Asetek Liquid Cooling

SAN JOSE, CA - December 15, 2009 - Asetek, Inc., the world’s leading supplier of liquid cooling systems for computers, announced today that it has raised an additional $8 million dollars in venture capital and appointed industry veteran Sam Szteinbaum as Chairman of the Board. The completion of this fund raising round caps a string of successes for Asetek in 2009. In June, Asetek partnered with Corsair to launch the Corsair branded, Asetek manufactured Hydro H50 CPU Cooler, bringing Asetek cooling technology back into the enthusiast market. In August, HP introduced Asetek supplied liquid cooling options to further enhance the quiet computing capability HP’s new Z400 and Z800 workstations. And, in September, Dell introduced its new 100% liquid cooled line up of extreme performance Alienware Aurora and Area-51 desktop gaming machines.

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About Asetek
Asetek is the world leading system thermal and acoustic management solution provider to OEMs servicing the gaming, workstation and performance PC markets. The company’s liquid thermal management system delivers superior thermal and acoustic performance in a factory sealed unit that sets new standards for reliability and suitability for large volume production. Leading OEMs use Asetek’s liquid cooling products in systems where end users demand exceptional performance, low noise and maximum reliability. Asetek’s strong brand name products are often the favorite choice of enthusiast grade system builders having obtained more than 200 international press awards in the past decade. For more information, please visit www.asetek.com.
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