Technical Summary
Vertiv Holdings has entered into a merger agreement to acquire UtilityInnovation Group, a provider of microgrid solutions and advanced power controls. The acquisition aims to accelerate the deployment of power infrastructure for AI data centres.
Original Reporting Excerpt
Vertiv Holdings Co. (NYSE: VRT) (“Vertiv”), a global leader in critical digital infrastructure announced its wholly-owned subsidiary, Vertiv Corporation, has entered into an agreement and plan of merger to acquire Utility Innovation Holdings, Inc., which operates as UtilityInnovation Group (“UIG”), a leader in microgrid solutions, advanced power controls and behind-the-meter power architecture design for data... The post Vertiv Announces Agreement to Acquire UtilityInnovation Group to Accelerate
Source: Electrical Times
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