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Boyd Thermal, which caters to data centers and the aerospace industry, forecast sales of $1.7 billion for 2026, a majority of which is expected to come from liquid cooling, Eaton said. Sign up here. Eaton is among the companies that have benefited from a rise in demand for liquid cooling of IT equipment at data centers as companies around the globe rush to adopt artificial intelligence. Shares of Eaton were down 2% in premarket trading. The deal is set to close in the second quarter of 2026. Reporting by Aishwarya Jain in Bengaluru; Editing by Shinjini Ganguli