Items Tagged with 'mergers and acquisitions'

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451 Research Report Recognizes Vertiv

It has “found its mojo” as a standalone company
November 14, 2019
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In a recent report, IT analyst firm 451 Research welcomed Vertiv’s transformation, saying the company has “remade itself for a data center market that demands a lean cost structure and rewards speed.”
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Trane Acquires Arctic Chiller Group

Diversifies and enhances product portfolio and broadens opportunity for growth
September 23, 2019
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Trane®, a business unit of Ingersoll Rand, acquired Arctic Chiller Group, a Canadian-based HVAC manufacturer, specializing in high efficiency air- and water-cooled, modular and process chillers for commercial HVAC and process cooling applications.
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Data Center M&A Deals on Track for Record Year

Eight deals have closed since July
August 14, 2019
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New data from Synergy Research Group shows that 52 data center-oriented merger and acquisition (M&A) deals closed in the first half of 2019, up 18% from the first half of 2018 and continuing a strong growth trend seen over the last four years.
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IBM Closes Landmark Acquisition Of Red Hat For $34 Billion

IBM will preserve Red Hat's independence and neutrality.
July 10, 2019
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IBM and Red Hat have announced that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $34 billion.
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GTT To Acquire KPN International

Expands network scale and deepens market presence in Europe.
July 9, 2019
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GTT Communications, Inc. has announced a definitive purchase agreement to acquire KPN International, a division of KPN N.V. headquartered in Netherlands, for approximately €50 million in cash, on a cash and debt-free basis.
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