Vertiv Enters Into Agreement And Plan Of Merger To Acquire Utility Innovation Group In $1.45B Cash Deal, With Potential $1.15B Earn-Out
~$1.45 billion acquisition expected to expand Vertiv's addressable opportunity in power-constrained data centersAdds microgrid controls, onsite generation orchestration, microgrid-specific switchgear and
Vertiv is buying another company for $1.45 billion to get new technology that helps data centers manage power better when electricity is tight. Watch to see if this purchase helps Vertiv serve more customers and grow its business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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