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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


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.

Eaton Corp. Stock

€72.21
-0.720%
The price for the Eaton Corp. stock decreased slightly today. Compared to yesterday there is a change of -€1.080 (-0.720%).
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Eaton Corp. stock is not clear.
As a result the target price of €85.00 shows a slightly positive potential of 17.712% compared to the current price of €72.21 for Eaton Corp..
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