# Eaton to acquire Tripp Lite for $1.65 billion

Eaton signed an agreement to acquire Tripp Lite, a supplier of power quality products, for $1.65 billion. The acquisition is expected to close mid-2021.

- Type: Acquisition
- Announced: 2021-01-29
- Where: Chicago, Illinois, United States
- Value: $1.65B
- Status: announced
- Products: uninterruptible power supply systems, rack power distribution units, surge protectors, enclosures
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Eaton](https://endata.com/companies/2829.md) (acquirer)
- [Tripp Lite](https://endata.com/companies/52907.md) (target)

## Sources

- [eaton.com](https://www.eaton.com/us/en-us/company/news-insights/news-releases/2021/eaton-signs-agreement-to-acquire-tripp-lite--expanding-eaton-s-p.html), 2021-01-29: "The acquisition of Tripp Lite will enhance the breadth of our edge computing and distributed IT product portfolio and expand our single-phase UPS business."

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