Vertiv (VRT) and Caterpillar (CAT) announced the signing of a strategic undertaking to collaborate on advanced energy optimization solutions for data centers. This initiative will integrate Vertiv’s power distribution and cooling portfolio with Caterpillar’s, and its subsidiary Solar Turbines’, product and expertise in power generation and combined cooling, heat and power to deliver pre-designed architectures that simplify deployment, accelerate time-to-power and optimize performance for data center operations.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VRT:
- Vertiv Holdings Announces 67% Dividend Increase
- Morning Movers: Kenvue surges, Kimberly-Clark sinks after tie up
- Vertiv Holdings to Acquire Purge Rite for $1 Billion
- Vertiv to acquire Purge Rite from Milton Street Capital for $1B in cash
- CompoSecure (CMPO) Strikes $5 Billion Deal for Husky Technologies Backed by Honeywell’s Former CEO