"Shrinking the size of these components so they won't add bulk in smaller computers has been a bit of a challenge. Cooligy has developed a liquid cooling system, but it requires a mechanical pump. Other companies working on products in this market include Nanocoolers and Cool Chips. None of these companies has experienced broad adoption yet.
For its part, Celsia asserts that it has an advantage in that its components are fairly small, measuring only a few millimeters thick, and are made out of fairly basic materials. It has also teamed up with Taiwan's Yeh-Chiang Technology, one of the largest manufacturers of heat pipes."
"The company emerged from South Korea as iCurie in 2001. In 2005, a new management team was installed and an additional $20 million in funding was raised from various sources.
Celsia's components cost more than ordinary heat pipes or cooling technologies, but fewer cooling components are needed. In the end, the company says using its components versus ordinary ones should be cost-neutral."