Vertiv Holdings Co. has announced a $200 million deal to acquire the Great Lakes Data Racks & Cabinets family of companies. The transaction is expected to be finalized in the third quarter of 2025. This acquisition will enhance Vertiv’s ability to provide pre-engineered rack solutions for various computing markets, including enterprise, edge, collocation, and hyperscale AI. Vertiv CEO Gio Albertazzi highlighted Great Lakes’ innovative rack solutions as crucial in the high-density AI infrastructure sector, positioning Vertiv as a top technology solutions provider in the white space market.

Read more at Nasdaq MarketSite: Vertiv Holdings To Buy Great Lakes For $200 Mln