Legrand Acquisition Of Raritan, Inc. Complete
The move is designed to establish Legrand as a frontrunner in the intelligent power market.
Legrand, North America announced today its acquisition of Raritan, Inc. is now complete, making it a leader in the growing intelligent power market. Doug Fikse has been appointed president of Raritan, and will report to John Selldorff, president and CEO of Legrand, North America.
“Intelligent power is an exciting market that continues to grow with the increased use of connected devices,” said Selldorff. “Legrand’s data center customers value the solutions we bring to market. And given Raritan’s innovative culture, this acquisition strengthens Legrand’s position in the global data center market and positions us to provide our customers even better, more advanced offerings.”
Fikse has more than 30 years of engineering and leadership experience in the building controls and automation, and electrical power industries.
Raritan will operate as an independent business within Legrand North America. Raritan’s intelligent rack power distribution units (PDUs), sensors, and KVM switch products provide data centers of any size the control needed to increase power management efficiency, improve productivity and enhance operations. Its leadership position in the growing intelligent power market strengthens Legrand’s global position and expands its reach and breadth of solutions for data center customers.