Data Center News

Vertiv To Acquire Custom Rack Solutions Manufacturer Great Lakes For $200m

  • July 22, 2025
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Vertiv has announced it has entered into an agreement to acquire the Great Lakes Data Racks & Cabinets family of companies (collectively “Great Lakes”) for $200 million. Great Lakes is recognized for designing and manufacturing innovative, highly customized data rack enclosures and other integrated infrastructure offerings that form the foundation of today’s data centers. The […]

Data Center News

BIT Mining Expands Ethiopia Footprint With Data Center Acquisition

  • July 21, 2025
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Cryptoasset technology company BIT Mining Limited has announced the completion of the second phase of its previously-announced acquisition of crypto mining data centers and Bitcoin mining machines in Ethiopia. On December 3, 2024, the Company entered into a definitive agreement to acquire cryptocurrency mining data centers in Ethiopia. Following the successful completion of the first phase of the acquisition on December 9, 2024, the Company issued […]

Data Center News

SPIE Acquires Rovitech To Strengthen Position In Data Centre Market

  • June 3, 2025
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SPIE, an independent European leader in multi-technical services in the areas of energy and communications, has announced the acquisition of Rovitech, a Dutch technical services provider specialising in ICT, telecom and electrical installations. This acquisition will strengthen SPIE’s expertise in data centres and support the expansion of its nationwide footprint in the Netherlands. Founded in […]

News Storage

Lenovo Acquires Data Storage Company Infinidat

  • January 17, 2025
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Lenovo has announced that its subsidiary has entered into a definitive agreement to acquire Infinidat, a provider of high-end enterprise storage solutions. The acquisition is part of Lenovo’s growth strategy to bring differentiated technology solutions to market. This move will further strengthen Lenovo’s enterprise storage offerings globally and underscores a commitment to delivering innovative storage […]

News

SAS Acquires Hazy Synthetic Data Software

  • November 14, 2024
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SAS has announced the acquisition of the principal software assets of Hazy, a pioneer in synthetic data technology. This strategic acquisition aims to enhance SAS’ robust data and AI portfolio, further equipping its customers with critical and timely synthetic data generation capabilities as their use of AI rapidly expands. “Our acquisition of Hazy’s IP represents a […]

Data Center News

Schneider Electric Acquires Cooling Company Motivair

  • October 18, 2024
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Schneider Electric has signed an agreement to acquire a controlling interest in Motivair Corporation, a company specialized in liquid cooling and advanced thermal management solutions for high performance computing systems. Advent of Generative-AI and the introduction of Large Language Models (LLMs) have been additional catalysts driving enhanced power needs to support increased digitization across end-markets. […]

News

Hitachi Energy Completes Acquisition Of COET

  • January 12, 2024
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Hitachi Energy has announced that it has completed the acquisition of COET, a leading designer and manufacturer of power equipment for electric mobility, rail, and industry, based in the greater Milan area of Italy. The acquisition strengthens Hitachi Energy’s global position and offering in high-power electric vehicle charging infrastructure, power electronics, and the grid edge. […]

News

Schneider Electric Completes Acquisition Of Climate Consultancy EcoAct

  • November 7, 2023
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Schneider Electric has finalized the acquisition of Paris headquartered EcoAct SAS, an international leader in climate consulting and net zero solutions. Schneider Electric had entered negotiations to acquire EcoAct from its parent Atos Group. EcoAct’s portfolio of net zero and nature-based products and services, including consulting, climate data tools, and carbon offset project development, will […]

Networking News

Cisco Announces Intent To Acquire Accedian

  • June 28, 2023
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Cisco has announced its intent to acquire Accedian, an industry leading network performance monitoring partner that enables seamless operation of service provider transport and 5G networks. “Accedian was born in the heart of the world’s largest and most complex networks,” said Dion Joannou, CEO of Accedian. “When we were acquired by Bridge Growth Partners, a […]