GE is venturing into the green data center energy space by acquiring Plano, Texas-based Lineage Power for just over a cool half-billion dollars. Citing growth in cloud and mobile computing — thanks, in part, to the 1.1 billion new smartphones the company expects to hop on wireless networks this year — GE’s Energy Services president and [...]
Read more Cloud, data center growth drives GE’s $520M Lineage Power buy
Eaton, an industrial power distribution and control firm, acquired Worcester, Mass.-based Wright Line, a maker of energy efficient server racks, enclosures and hot/cold aisle containment systems. The two companies are a perfect match, according to Jerry R. Whitaker, Eaton’s president for its Electrical Americas division. “Combining Wright Line’s strong enclosure and air management portfolio along [...]
Read more Eaton buys Wright Line
This work by Pedro Hernandez is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
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