Loading market data...

NVent to Acquire Maverick Power for Up to $2.3 Billion in AI Data Center Push

NVent to Acquire Maverick Power for Up to $2.3 Billion in AI Data Center Push

NVent has agreed to acquire Maverick Power for up to $2.3 billion, a deal that deepens its presence in the AI data center market. The acquisition is part of a strategic expansion as demand for infrastructure that powers artificial intelligence continues to climb.

Why the deal matters for AI infrastructure

NVent said the acquisition will deepen its AI data center footprint. The move comes as AI computing drives a surge in power-hungry