Vertiv

Vertiv, legally Vertiv Holdings Co, is an American, Ohio-based, provider of equipment and services for datacenters, with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network.

Vertiv Holdings Co
TypePublic
NYSE: VRT
IndustryElectrical equipment
HeadquartersColumbus, Ohio, United States
Key people
  • David Cote (Chairman}
  • Rob Johnson (CEO)
Productscritical power systems, uninterruptible power supply (UPS) systems, power distribution units (PDUs), thermal management, data center infrastructure management, service and site operations}
Revenue $4.4Billion(2020)[1]
Number of employees
≈ 19,700[2]
Websitewww.vertiv.com

Platinum Equity acquired the Emerson Network Power business from Emerson Electric in a transaction valued in excess of $4 billion, completed in December 2016. Emerson also retained a subordinated equity piece in the company.[3]

Since 2016, Rob Johnson has been the chief executive officer of Vertiv.[4]

Headquartered in Columbus, Ohio, Vertiv has ~20,000 employees and more than 25 manufacturing and assembly facilities around the world. The company has regional headquarters around the world in: Maidenhead, England, Bologna, Italy; Miami, Florida; Pasig, Manila, Philippines; Nanshan District, Shenzhen, China; and Mumbai, India.[5]

Through a merger with GS Acquisition Holdings, the company became publicly traded on the New York Stock Exchange (NYSE) on February 10, 2020.[6]

References
  1. https://www.crn.com/news/data-center/vertiv-will-take-80-million-sales-hit-due-to-coronavirus
  2. "EMPOWERING VITAL APPLICATIONS FOR A DIGITAL WORLD : AN INTRODUCTION TO VERTIV" (PDF). Vertivco.com. Retrieved 30 June 2018.
  3. "Emerson Wraps Up Sale of Network Power to Platinum Equity". Zacks.com.
  4. "Emerson Network Power Rebrands as Vertiv". Plantservices.com.
  5. "Vertiv Global Headquarters". Vertivco.com. Retrieved 30 June 2018.
  6. Ghose, Carrie (2019-02-10). "Columbus' newest public company makes its stock market debut". Business Journal. Retrieved 2019-02-18.
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