Vertiv expands upstream into AI data-center power with $1.45B UIG deal

PR Newswire · 3 hours ago
Vertiv expands upstream into AI data-center power with $1.45B UIG deal
  • The acquisition extends Vertiv upstream from grid interconnect to chip and targets power-constrained AI data-center deployments.
  • Vertiv said the deal represents approximately 13x expected UIG 2027 EBITDA at the initial purchase price and expects it to be accretive to adjusted EPS in the first year after completion.
  • UIG provides generation-agnostic microgrid designs for grid-connected, bridge-to-grid and islanded data-center sites across the United States and Europe.

Quotes

For AI data center operators, competitive advantage increasingly depends on how quickly they can move from site selection to first tokenGio Albertazzi
Together, we anticipate being better positioned to support grid-connected sites, bridge-to-grid deployments and islanded sites supplied by onsite generation, while reducing complexity from site planning through rack-level deployment.Gio Albertazzi
UIG was founded to solve increasingly complex power challenges for data center operators through flexible, technology-agnostic architectures.Sidney Hinton

Sources