Eaton Expands Reach into European Data Center Market by Making Strategic Investment in NordicEPOD
31 Mayo 2024 - 3:15PM
Business Wire
- Data center market is rapidly expanding with growing
requirements for cloud, edge computing and AI
- Agreement is focused on reducing complexity, costs and lead
times for large modular data centers
Intelligent power management company Eaton (NYSE:ETN) today
announced it has completed a significant strategic investment in
NordicEPOD AS, formerly a wholly-owned subsidiary of CTS Nordics,
which designs and assembles standardized power modules for data
centers in the Nordic region.
“We’re excited about this strategic relationship with CTS
Nordics, a high-growth company with a strong reputation in the
Nordics data centers market,” said Tim Darkes, president, Europe,
Middle East and Africa Region, Corporate and Electrical Sector.
“This strategic investment in NordicEPOD positions Eaton for growth
by enabling us to supply critical power products and services to
more clients and at the higher, pre-engineered system level. Power
modules are increasingly the preferred approach for many data
center customers in Europe.”
CTS Nordics is a dedicated data center design and build company
that specializes in new building design and construction methods.
They provide data center operators in the Nordic region a
standardized and rapidly deployable, cost-effective approach for
the design, construction and commissioning of data centers.
Eaton is an intelligent power management company dedicated to
protecting the environment and improving the quality of life for
people everywhere. We make products for the data center, utility,
industrial, commercial, machine building, residential, aerospace
and mobility markets. We are guided by our commitment to do
business right, to operate sustainably and to help our customers
manage power ─ today and well into the future. By capitalizing on
the global growth trends of electrification and digitalization,
we’re accelerating the planet’s transition to renewable energy
sources, helping to solve the world’s most urgent power management
challenges, and building a more sustainable society for people
today and generations to come.
Eaton was founded in 1911 and has been listed on the New York
Stock Exchange for more than a century. We reported revenues of
$23.2 billion in 2023 and serve customers in more than 160
countries. For more information, visit www.eaton.com. Follow us on
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240531679365/en/
Jennifer Tolhurst +1 (440) 523-4006
jennifertolhurst@eaton.com
Eaton (NYSE:ETN)
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