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Vertiv closes Geist acquisition

February 2, 2018

US-based critical power specialist Vertiv has completed its acquisition of Geist— the privately-owned Nebraska manufacturer of rack power distribution units and datacentre power products.

 

Vertiv, formerly Emerson Network Power, said the deal, closed on 1 February, marked its second “significant” purchase of 2018 after snapping up Energy Labs— the California producer of custom air handling and modular solutions, including direct evaporative, indirect evaporative and direct expansion cooling technologies.

 

The deals give the UPS provider added “engineering, design and manufacturing capabilities and diversifies its portfolio to better meet the needs of cloud and colocation providers and edge applications”, Vertiv said.

 

CEO Rob Johnson said the acquisitions “will allow us to offer more diverse, comprehensive solutions for our customers and will play an important role in our continued growth as a company”.

 

Geist has more than 250 employees. Geist president Brad Wilson will continue as manager of the business, reporting to Pat Johnson, executive VP of integrated rack systems for Vertiv.

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