# Caterpillar buys Eaton's stake in Intelligent Switchgear Organization joint venture

Caterpillar purchased Eaton Corporation's remaining interest in the Intelligent Switchgear Organization (ISO) joint venture, effective December 1, 2017, and dissolved the joint venture. Financial terms were not disclosed. ISO employees will join Caterpillar and operations continue in Alpharetta, Georgia.

- Type: Acquisition
- Announced: 2017-12-01
- Where: Alpharetta, Georgia, United States
- Status: completed
- Products: low- and medium-voltage switchgear, generator set controls, automatic transfer switches
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Caterpillar](https://endata.com/companies/1968.md) (acquirer)
- [Eaton](https://endata.com/companies/2829.md) (target)
- [Intelligent Switchgear Organization](https://endata.com/companies/28577.md) (target)

## Sources

- [eepower.com](https://eepower.com/news/caterpillar-acquires-full-ownership-in-intelligent-switchgear-jv-from-eaton/), 2017-12-05: "This acquisition differentiates Caterpillar in the market by enabling us to provide a wide range of complete power solutions from a single supplier."
- [wateronline.com](https://www.wateronline.com/doc/caterpillar-purchases-outstanding-share-of-intelligent-switchgear-organization-0001), 2017-12-05: "This acquisition differentiates Caterpillar in the market by enabling us to provide a wide range of complete power solutions from a single supplier."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.