Vertiv completes $1.45B acquisition of UtilityInnovation Group

Vertiv has completed its $1.45 billion acquisition of UtilityInnovation Group, with up to another $1.15 billion tied to future earnings targets. The deal expands Vertiv's capabilities in microgrid controls, on-site power generation, and energy storage for AI data centers.

Detected & updated continuously · Source: Nebula