Vertiv

Schneider Electric buys ASCO power business from Vertiv for $1.25bn

Schneider Electric has acquired ASCO Power Technologies from Vertiv for $1.25 billion. The acquisition gives Schneider Electric an opportunity to…

Emerson exits data centre business – new owners rebrand as Vertiv and hire new CEO

The business, formerly known as Emerson Network Power, has appointed former APC CEO Rob Johnson as its new chief and…