Eaton to Buy Boyd Thermal for $9.5B in Data Center Play

Eaton to Buy Boyd Thermal for $9.5B in Data Center Play

The acquisition gives Eaton a portfolio of thermal-management products designed to control excess heat from data centers or in other applications across the industrial and aerospace sectors.

Boyd sells its thermal business to Eaton for $9.5 billion

Boyd Corporation has signed a definitive agreement to sell its Thermal business to Eaton for USD 9.5 billion. The transaction, expected to close in the second quarter of 2026, is subject to regulatory approval and other customary closing conditions.

Eaton to Buy Boyd Thermal in $9.5 Billion Deal

In a sweeping move to dominate the booming data center infrastructure market, Eaton Corp., the Irish-based power management giant with deep U.S. roots, announced Monday that it will acquire Boyd Thermal from Boyd Corp. for a staggering $9.5 billion. The blockbuster deal underscores Eaton’s ambition to solidify its hold on the power and cooling systems Eaton to buy Boyd Thermal for $9.5B, boosting its data center and AI power infrastructure portfo

Eaton Acquires Boyd Thermal for $9.5B to Boost AI Data Center Cooling - HostingJournalist.com

Eaton, the U.S.-based intelligent power management company, has announced a major acquisition deal to purchase the Boyd Thermal division of Boyd Corporation from Goldman Sachs Asset Management for $9.5 billion. The transaction is expected to close in the second quarter of 2026 pending regulatory approval.This marks one of Eaton’s largest deals to date and underscores the growing convergence between power management and thermal technologies in an…