Legrand: buys Server Technology in the US.
(CercleFinance.com) - Legrand has announces its acquisition of Server Technology, a leading American player in intelligent PDUs (Power Distribution Units) for datacenters, hence rounding out its offer in this growing market.
More generally, Legrand is strengthening its presence in the growing market for digital infrastructure, one of the Group's four buoyant new business segments, driven by the rise in data flow volumes, linked in particular to growth in connected objects and rising demand for ever more energy-saving solutions.
“Based in Reno, Nevada, Server Technology, Inc. has some 200 employees and annual revenues of over 110 million dollars” Legrand stated.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
More generally, Legrand is strengthening its presence in the growing market for digital infrastructure, one of the Group's four buoyant new business segments, driven by the rise in data flow volumes, linked in particular to growth in connected objects and rising demand for ever more energy-saving solutions.
“Based in Reno, Nevada, Server Technology, Inc. has some 200 employees and annual revenues of over 110 million dollars” Legrand stated.
Copyright (c) 2017 CercleFinance.com. All rights reserved.