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.

Read full article on Help Net Security

 


Date:

Categorie(s):

Tag(s):