June 24, 2021

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nVent acquires CIS Global to strengthen global offering in data centers and networking solutions

nVent announced it has entered into a definitive agreement to acquire CIS Global, a privately held provider of mission critical power and server rack-mount slide products for the rapidly growing data center and networking industries. The transaction is expected to be completed by the third quarter for a cash purchase price of approximately $200 million, subject to adjustments. CIS Global is a provider of data center power solutions. There is an increasing demand for data … More

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