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Eaton to buy 50% stake in business that makes busway products in China Eaton to buy 50% stake in business that makes busway products in China Print Power management company Eaton (NYSE: ETN) is buying a 50% stake in a company that makes busway products in China. Eaton, which is based in Dublin, Ireland, but maintains its North American headquarters in Beachwood, said in a news release on Monday morning, April 26, that it has signed an agreement to acquire Jiangsu YiNeng Electric's busway business, which had sales of $60 million in 2020. A busway is a refabricated electrical distribution syste...

Press release content from Business Wire. The AP news staff was not involved in its creation. Eaton Completes the Acquisition of Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas March 17, 2021 GMT DUBLIN--(BUSINESS WIRE)--Mar 17, 2021-- Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Tripp Lite. Headquartered in Chicago, Illinois, Tripp Lite is a leading supplier of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, an...

Power giant Eaton is acquiring fellow power and data center hardware competitor Tripp Lite for US$1.65 billion in a move to significantly enhance its power and edge computing portfolio. Dublin, Ireland-based Eaton, which has 92,000 employees worldwide and customers in more than 175 countries, plans to leverage Tripp Lite’s massive power and data center infrastructure portfolio that includes more than 5,000 products. “The acquisition of Tripp Lite will enhance the breadth of our edge computing and distributed IT product portfolio and expand our single-phase UPS business,” said Uday Yadav...

Eaton Buying Power & Connectivity Supplier Tripp Lite for $1.7B Chicago-based Tripp Lite's key offerings include uninterruptible power supply systems, rack power distribution units, surge protectors and enclosures. Jan 29th, 2021 Eaton DUBLIN, Ireland — Power management company Eaton announced Friday that it has signed an agreement to acquire Tripp Lite, a supplier of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centers, industrial, medical, and communic...

Eaton To Acquire Tripp Lite WASHINGTON (dpa-AFX) - Eaton (ETN) has signed an agreement to acquire Tripp Lite, a supplier of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centers, industrial, medical, and communications markets in the Americas. Eaton will pay $1.65 billion for the acquisition. 'The acquisition of Tripp Lite will enhance the breadth of our edge computing and distributed IT product portfolio and expand our single-phase UPS business,' said Uda...