nVent Electric to Buy Maverick Power for $1.75 Billion to Expand Data Center Offerings

nVent Electric to buy Maverick Power for $1.75 billion to expand data center offerings

Aug 24 : nVent Electric said on Monday it would acquire data center equipment maker Maverick Power for $1.75 billion as it looks to expand its presence in a booming AI infrastructure market.Electrical equipment and systems suppliers like nVent have benefited as companies ramp up investment to support the rapi

nVent to Acquire Maverick Power - PressReach

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nVent to Acquire Maverick Power

Leading manufacturer of engineered power distribution and infrastructure solutions for data centersBroadens nVent’s exposure to the high-growth infrastructure vertical, particularly in data centers, with a power distribution platform, complementing nVent’s data center offeringsExpands nVent’s offerings for new power architectures and…