[Hardware] The company that invented the AIO cooler has accepted an $85 million buyout offer from a major Chinese electronics group
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Asetek, the company that invented the closed-loop liquid cooler for CPUs, has received an offer it can't refuse from CQXA Holdings, a subsidiary of Chinese electronic group Suzhou Chunqi, to fully take over the company.
If successful, CQXA would pay 1.72 Danish Krone (around $0.27) per share to make up a total of 547.4 million Danish Krone ($85 million). When this was announced on November 25, 2025, shares from Asetek were valued at 0.82 Danish Krone, which means this offer represents a 110% increase on the price of shares alone.
Asetek has been in a bit of a weird spot this year as a major watercooling patent expired in May, losing a key advantage it had in regards to liquid cooling.
Link: https://www.pcgamer.com/hardware/cooling/the-company-that-invented-the-aio-cooler-has-accepted-an-usd85-million-buyout-offer-from-a-major-chinese-electronics-group/