Vertiv plans $1.45 billion deal for a microgrid provider, Barron's reports
Barron's describes opposition to data centers as a backdrop to the deal and says the acquisition could ease concerns about the AI data-center backlash.
TLDR
Barron's reports that Vertiv plans to buy an AI data-center power provider in a $1.45 billion deal. In coverage shared September 2, the publisher says Vertiv's stock had suffered in recent months, but the acquisition could help ease concerns about opposition to AI data centers.
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