Eaton to buy Fibrebond in $1.4 billion deal to boost data center market presence
(Reuters) -Power management company Eaton said on Tuesday it will buy Fibrebond Corporation in a $1.4 billion deal as it looks to expand its reach into the data center market. The global appetite for energy-intensive data centers has increased exponentially as companies race to develop and adopt artificial intelligence,
Eaton to acquire data-center builder for $1.4 billion
Power management giant Eaton (NYSE: ETN) said it will pay $1.4 billion to acquire Fibrebond Corp., a designer and builder of power enclosures for data center, industrial, utility and communications customers. The deal, expected to close in the third quarter of 2025, expands Eaton's reach into the multi-tenant data center market.
Eaton to Buy Data-Center Builder Fibrebond For $1.4B
Eaton said it signed an agreement to acquire modular data-center builder Fibrebond in a $1.4 billion deal.
Eaton agrees to acquire Fibrebond for $1.4bn
Power management company Eaton has agreed to acquire Fibrebond, a US-based company that designs and builds modular power enclosures for data centres, industry, utilities and communications. Eaton will pay $1.
Eaton to acquire data center structure maker Fibrebond for $1.4 billion
Eaton to buy Fibrebond, a data center structure maker, for $1.4B. The deal boosts Eaton's data center offerings, closing in Q3.
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