Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Eaton Completes the Acquisition of Power Distribution, Inc., Expanding Data Center Power Distribution and Monitoring Solutions

BusinessWire_EN 
0 0 25.02.20
Eaton Completes the Acquisition of Power Distribution, Inc., Expanding Data Center Power Distribution and Monitoring Solutions
 

Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Power Distribution, Inc. (PDI).

Headquartered in Richmond, Virginia, PDI is a leading supplier of mission critical power distribution, static switching, and power monitoring equipment and services for data centers and industrial and commercial customers.

“PDI’s highly complementary portfolio will allow us to better serve our data center customers,” said Brian Brickhouse, president, Electrical Sector, Americas region, Eaton. “We are excited to welcome the PDI team to Eaton.”

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2019 revenues were $21.4 billion, and we sell products to customers in more than 175 countries. We have approximately 101,000 employees. For more information, visit www.eaton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200225005726/en/

Eaton Corp. Stock

€294.40
-0.410%
The price for the Eaton Corp. stock decreased slightly today. Compared to yesterday there is a change of -€1.200 (-0.410%).
With 10 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
However, we have a potential of -0.48% for Eaton Corp. as the target price of 293 € is below the current price of 294.4 €.
Show more
Like: 0
Share
BusinessWire_EN 
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia.

Legal notice

Comments

Not a member yet? Sign up for free!