India, July 17 -- Vertiv Holdings Co. (VRT), a provider of critical digital infrastructure, said on Thursday that it has inked a deal to acquire the Great Lakes Data Racks & Cabinets family of companies for $200 million.
The transaction is anticipated to be closed in the third quarter of 2025.
The acquisition is expected to boost Vertiv's capacity to deliver pre-engineered, future AI-ready rack solutions optimized for enterprise, edge, collocation, and hyperscale AI computing markets.
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Gio Albertazzi, CEO of Vertiv, said: "Great Lakes is a leading rack manufacturer with an extensive portfolio of high-end rack solutions and innovation capabilities that ar...