Vertiv completes acquisition of UtilityInnovation Group for ~$1.45B

Vertiv has completed the acquisition of UtilityInnovation Group (UIG) for approximately $1.45 billion, expanding its portfolio with microgrid controls and on-site generation orchestration for data centers.

“Vertiv Holdings Co. today announced its wholly-owned subsidiary, Vertiv Corporation, has entered into an agreement and plan of merger to acquire Utility Innovation Holdings, Inc.”uig.com

• 1 source
• uig.comUtilityInnovation | News & PressJul 28, 2022

Summarized from public sources; check the original articles before acting on it.