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Power management company Eaton has signed an agreement to acquire Tripp Lite, a leading supplier of power quality products and connectivity solutions
Tripp Lite supply products such as single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centres, industrial, medical, and communications markets across the globe
Ashraf Yehia, managing director at Eaton Middle East, said, "This important acquisition will strengthen our Power Quality portfolio as Tripp Lite specialises in data centre infrastructure and power offerings including UPS, battery packs, UPS battery backups, power distribution units and a broad portfolio of data centre hardware.”
Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. They provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power safely, efficiently, and reliably.
The acquisition, which is subject to customary closing conditions, is expected to close mid-2021.