COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the acquisition by its Chinese subsidiary of certain assets and technologies of BiXin Energy Technology (Suzhou) Co., Ltd (BSE), a manufacturer of chillers, heat pumps, heat-recovery solutions and air-handling units. Focused on expanding the Vertiv ...
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the completion of the repricing of Vertiv Group Corporation's, a subsidiary of Vertiv Holdings Co, existing seven-year $2.1 billion Term Loan. The repricing reduces the interest rate on the Term Loan by 25 basis points to Term SOFR + 175 basis point...
This data center infrastructure stock is on pace for another day of losses after gaining 160% so far this year. The post AI Data Center Stock Sets Up To Extend 160% Run; Profit Growth Looks Robust appeared first on Investor's Business Daily.
Global Surge in Data and AI Workloads Driving Demand for Advanced Data Center Cooling Solutions Global Surge in Data and AI Workloads Driving Demand for Advanced Data Center Cooling Solutions
Vertiv Holdings delivered a 19% year-on-year revenue increase in Q3 2024, with significant margin expansion in the Americas and EMEA regions. Topline should continue its growth momentum, driven by AI demand and a $7.4 billion backlog in the quarters ahead. VRT's strong market position in liquid cooling and capacity expansion initiatives should result in longer-term growth.
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Vertiv Holdings Co. (NYSE: VRT) on behalf of long-term stockholders following a class action complaint that was filed against Vertiv on March 24, 2022 with a Class Period from April 24, 2021 to February 23, 2022. Our investigatio...
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