Funding
LITEON Takes 25% Stake in Liquid-Cooling Maker DCX in $176M Deal
Add Unite.AI to your preferred sources on Google
LITEON Technology announced on September 3, 2026, a strategic investment in DCX Liquid Cooling Systems, a Warsaw, Poland-based provider of advanced liquid cooling systems for AI and high-performance computing data centers. Upon closing of the transaction, LITEON will hold approximately 25% equity ownership in DCX, with a total transaction value of approximately US$176 million, according to the announcement published on DCX Liquid Cooling Systems’ official website.
Transaction Terms and Combined Technologies
The target company, formally DCX POLSKA Sp. z o.o., supplies liquid cooling systems for AI and high-performance computing (HPC) data centers. The investment brings together DCX’s liquid cooling technologies, including coolant distribution units (CDUs), facility coolant distribution units (FDUs), cold plates, and immersion cooling systems, with LITEON’s strengths in AI server power management, rack-level power delivery, and 800VDC power architectures.
The announcement states that the two companies are positioned to deliver highly integrated power and thermal management solutions for the AI infrastructure market and next-generation high-density computing. It also states that accelerating adoption of AI applications is driving rack power densities higher, making liquid cooling a critical enabling technology for future-ready data centers and high-performance computing.
DCX Portfolio and Deployments
Founded in 2019 and headquartered in Warsaw, DCX is described in the announcement as an innovator in direct-to-chip and immersion liquid cooling, with design and integration capabilities across data center liquid cooling infrastructure. Its portfolio ranges from enterprise-level coolant distribution units rated at 600kW to 2.6MW up to hyperscale-class facility coolant distribution units of up to 16MW, alongside cold plates, rack manifolds, and modular data center systems.
The announcement describes DCX as a global manufacturer of comprehensive liquid cooling solutions serving colocation, enterprise, and hyperscale data centers. According to the announcement, DCX’s products have been deployed with three of the world’s top ten AI data center operators, with shipments to 75 countries worldwide.
LITEON Background
LITEON Technology was established in 1975. The announcement describes the company as a pioneer of LED in Taiwan and the first electronics company listed on TAIEX. Its AI infrastructure portfolio includes AI power management, high-efficiency battery backup units, racks and mechanical components, and liquid cooling systems intended to support next-generation AI data centers.
The company also operates in optoelectronic semiconductors, automotive electronics, and 5G and AIoT sectors, with green data centers, clean mobility, and efficient infrastructure identified as key growth drivers. According to the announcement, LITEON has joined RE100 and committed to achieving 100% renewable energy usage by 2040.
Executive Statements
“AI has become a key force reshaping industries, and data center infrastructure is a critical foundation for unlocking AI’s full potential,” said Tom Soong, Chairman of LITEON. Soong said the strategic investment further strengthens LITEON’s position across the AI data center value chain. He said LITEON will continue to engage with global partners that hold deep technological expertise and strong strategic synergies, pursuing cross-domain technology integration through both strategic investments and long-term collaboration. He said the aim is to advance a more resilient and comprehensive AI infrastructure ecosystem, expand system-level solution capabilities, and create sustainable competitive advantages for the next era of computing.
Maciek Szadkowski, Chief Technology Officer at DCX, said LITEON’s expertise in power electronics, global manufacturing scale, and long-standing hyperscaler relationships make it a highly strategic partner for DCX. He said the partnership will accelerate DCX’s global growth and combine the strengths of both companies to deliver next-generation data center infrastructure solutions.
“Together we can offer operators a single integrated solution, ready for the next generation of AI computing platforms and beyond,” said Tomasz Buk, Chief Executive Officer at DCX. Buk said DCX’s liquid cooling technology will help shape what LITEON brings to the world’s data centers.
Planned Collaboration
Through the strategic partnership, LITEON and DCX will expand collaboration across product development, engineering innovation, manufacturing scale-up, and global go-to-market initiatives. The companies will jointly develop integrated power-and-cooling platforms that, the announcement states, are designed to address the increasing performance and efficiency demands of hyperscale data center customers worldwide.
