Eaton Acquires Tripp Lite for $1.65 Billion
January 29, 2021
Eaton has signed an agreement to acquire Tripp Lite, a Chicago-based supplier of power quality products and connectivity solutions, for $1.65 billion. The purchase expands Eaton's edge computing and single-phase UPS product portfolio and is expected to close mid-2021.
- Buyers
- Eaton
- Targets
- Tripp Lite
- Industry
- Electrical Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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