Vertiv Acquires Utility Innovation to Expand Power Architecture for AI Data Centers
Vertiv is broadening from power and thermal systems into utility-and-substation interface offerings, including behind-the-meter power architecture for data centers. The company acquired Utility Innovation Holdings to support the shift upstream, expects first-year EPS growth, and projects sales of $14B by 2026 amid strong demand driven by hyperscaler data-center capex.