Technology
Data centre giant Vertiv acquires US microgrid specialist in $1.45bn cash deal
Vertiv has agreed to acquire UtilityInnovation Group, a US microgrid and power systems firm, for approximately $1.45 billion in cash, in a deal aimed at helping data centre operators secure power faster as grid constraints slow AI infrastructure rollouts globally. The New York-listed critical infrastructure firm said…
TechTrendsKEBy By Nixon Kanali
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Read at TechTrendsKE →Original headline: “Data centre giant Vertiv acquires US microgrid specialist in $1.45bn cash deal”
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