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Eaton Strengthens Data Center Strategy With $1.4 Billion Fibrebond Acquisition

Summary by BizToc

Eaton Corporation (NYSE:ETN), a global intelligent power management company, has agreed to acquire Fibrebond Corporation for $1.4 billion. Based in Louisiana, Fibrebond specializes in modular power enclosures for data centers and industrial markets and is projected to generate approximately $378…

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USA Herald

Eaton to Acquire Fibrebond in $1.4 Billion Deal

In a bold move to dominate the booming data center market, Eaton Corp. announced Tuesday that it has agreed to acquire Louisiana-based Fibrebond Corp. in a $1.4 billion deal, setting the stage for a powerful expansion of its electrical solutions portfolio. With global demand for data processing and cloud storage surging, the acquisition signals Eaton’s strategic push to fortify its presence in high-growth industries. The deal, expected to close …

22 days ago

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Hosting Journalist.com

Eaton Buys Fibrebond for $1.4B to Expand Data Center Power Solutions - HostingJournalist.com

Global power management company Eaton is set to strengthen its foothold in the multi-tenant data center sector with the acquisition of Fibrebond Corporation, a specialist in pre-integrated modular power enclosures. The $1.4 billion deal, announced as part of Eatons expansion strategy, is expected to enhance its capabilities in engineered power solutions for the data center sector.Fibrebond, headquartered in Minden, Louisiana, is a well-establish…

23 days ago

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KTAL NBC 6 News

Minden-based Fibrebond announces acquisition by Eaton Corporation

MINDEN, La. (KTAL/KMSS)—A family-owned business headquartered in Minden, La., announced it agreed to an acquisition by a long-time partner. Fibrebond, which has been headquartered and operating in Minden for nearly a half-century, announced on Tuesday, March 11, that it has agreed to be acquired by Eaton Corporation. Fibrebond manufactures and integrates electrical modules that power the data center, and the utility sectors. “We stand firmly at …

23 days ago

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