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Vertiv To Acquire UtilityInnovation Group For $1.45B
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With the acquisition of the Utility Innovation Group (UIG), Vertiv wants to expand its expertise in powering data centers. Tags: #Vertiv
Vertiv announces an agreement to acquire UtilityInnovation Group to accelerate the commissioning of AI data centers The acquisition, worth around $1.45 billion, is intended to expand Vertiv's market potential in the area of data centers with limited power supply. UtilityInnovation Group (UIG) is a leading provider of microgrid solutions, advanced power controls, and the design of "behind-the-meter" power supply architectures for [...] Vertiv wan…
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