Vertiv Holdings Co. has announced an agreement to acquire Great Lakes Data Racks & Cabinets, a manufacturer known for its innovative and customized data rack enclosures. The acquisition, valued at $200 million, is set to enhance Vertiv's capabilities in delivering pre-engineered, AI-ready rack solutions for various computing markets. Great Lakes, established in 1985 and headquartered in Edinboro, PA, operates facilities in the U.S. and Europe, offering a range of standard and custom racks. This strategic move is expected to bolster Vertiv's position as a leader in high-density integrated infrastructure offerings, providing comprehensive solutions for critical digital infrastructure needs.
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