January 26, 2018
Vertiv, formerly Emerson Network Power, has reached an agreement to purchase Lincoln, Nebraska-based Geist, a privately owned manufacturer of Rack Power Distribution Units (PDUs) and associated data center products.
Geist is a market leader in Rack PDU products and has a broad portfolio of data center power, cooling, monitoring, and infrastructure management products that complement Vertiv’s own line of intelligent Rack PDUs. The acquisition will add engineering and design capabilities with patented Geist technologies, expand access to the channel, and solidify Vertiv as a global leader in the data center Rack PDU space.
“This acquisition fits our strategy of adding complementary capabilities to accelerate growth in our key markets – cloud, colocation and edge,” said Vertiv CEO Rob Johnson. “By adding the Geist portfolio, we further strengthen our position in the PDU industry and add power management choices for our customers.”