Vertiv to Acquire Great Lakes Data Racks for $200 Million

MT Newswires Live
17 Jul

Vertiv (VRT) said Thursday that it has agreed to acquire the Great Lakes Data Racks & Cabinets family of companies for $200 million.

The deal is slated to be completed in Q3.

Vertiv said the acquisition will increase its capacity to deliver pre-engineered, future AI-ready rack solutions optimized for AI computing markets.

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