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Vertiv announced a definitive agreement to acquire E&I Engineering Ireland Limited and its affiliate Powerbar Gulf LLC for approximately $1.8 billion in upfront consideration plus up to $200 million in earn-out, expanding its data center power solutions.
“The acquisition of E&I represents a key milestone in Vertiv's strategy, completing our portfolio of in-building power train offerings for data centers and vital commercial and industrial markets.”vertiv.com
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