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Vertiv
Vertiv is an American, Ohio-based, provider of equipment and services for data centers. 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 Network Power was rebranded as Vertiv. Emerson also retained a subordinated equity piece in the company. Headquartered in Columbus, Ohio, Vertiv has ~24,000 employees, with business in more than 130 countries, and 23 manufacturing and assembly facilities.https://www.vertiv.com/49aba1/globalassets/documents/infographics/vertiv-ig-en-gl-fact_sheet_final_103563_06.pdf The company has regional headquarters in: Bologna, Italy; Miami, Florida; Pasig, Manila, Philippines; Nanshan District, Shenzhen, China; and Mumbai, India. Through a merger with GS Acquisition Holdings, the company became publicly traded on the New York Stock Exchange (NYSE) on February 10, 2020. History Liebert Corporation Vertiv began as Capitol Refrigerati ...
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Emerson Electric
Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The ''Fortune'' 500 company manufactures products and provides engineering services for industrial, commercial, and consumer markets."David Farr"
Emerson has approximately 86,700 employees and 170 manufacturing locations.


History

Emerson was established in 1890 in , as ''Emerson Electric Manufacturing Co.'' by Union veteran

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ASCO Power Technologies
ASCO (Automatic Switch Company) Power Technologies, a business unit of Schneider Electric, makes electrical equipment used in healthcare facilities, data centers, communication networks, commercial buildings, and industrial plants. ASCO also includes a Services branch, providing maintenance programs, modifications, upgrades, and emergency repairs. The "Firetrol" branch of ASCO provides power transfer switches, controls, and alarms for fire suppression. ASCO's headquarters is located in Florham Park, New Jersey. With over 1400 employees and 500,000 square feet of manufacturing floor space, it is the world's largest manufacturer of power transfer switches. ASCO Power Technologies was founded in 1888 and developed the first commercially available automatic transfer switch in 1920. November 1, 2017, ASCO Power Technologies was sold by Vertiv to Schneider Electric Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. I ...
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Avocent
Avocent, a business of Vertiv, is an information-technology products manufacturer headquartered in Huntsville, Alabama. Avocent formed in 2000 from the merger of the world's two largest manufacturers of KVM (keyboard, video and mouse) equipment: Apex and Cybex Computer Products Corporation. As of August 2006, the company employed more than 1,800 people worldwide. On October 6, 2009, it was announced that Emerson Electric would buy Avocent for $1.2 billion USD. The tender was finalized on December 11, resulting in Avocent becoming part of Emerson Network Power, a division of Emerson Electric. On August 2, 2016, Emerson announced an agreement to sell Network Power to Platinum Equity. On December 1, 2016, Emerson Network Power announced they were rebranding under the name Vertiv and appointing Rob Johnson as CEO. Product range Avocent focuses on out-of-band infrastructure management within seven major fields: # Server management # Power management # Service-processor manageme ...
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Chloride Group
Chloride Group, a business of Vertiv, is the UK's largest supplier of secure power systems to hospitals and other public buildings and facilities. Formerly listed on the London Stock Exchange and a constituent of FTSE 250 index, the company has been owned by Emerson Electric since September 2010. History Chloride Group was founded in 1891 as ''The Chloride Electrical Syndicate Limited'' to manufacture batteries. Brand names used included ''Ajax'', ''Exide'', ''Dagenite'', ''Kathanode'', ''Shednought'' and ''Tudor''. In the 1970s, under its then managing director Sir Michael Edwardes it showcased the UK's first battery power buses. In 1999, it diversified into secure power systems acquiring Oneac in the US, BOAR SA in Spain and Hytek in Australia. In 2000, it acquired the power protection division of Siemens in Germany and in 2001 it acquired Continuous Power International followed, in 2005, by Harath Engineering Services in the UK. In 2007, it acquired AST Electronique Ser ...
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Liebert (company)
Liebert Corporation is a global manufacturer of power, precision cooling and infrastructure management systems for mainframe computer, server racks, and critical process systems. A subsidiary of Vertiv, It is headquartered in Columbus, Ohio, and employs more than 1,800 people across 12 manufacturing plants worldwide. History Founded by Ralph C. Liebert (1918-1984) as Capitol Refrigeration Industries in 1946, Liebert Corporation was formed in 1965 as the industry's first designer and manufacturer of computer room air conditioning (CRAC) systems. Targeted to the mainframe computer data-processing market, Liebert CRAC systems were the first totally redundant, self-contained units capable of maintaining air temperature, humidity and air quality within the precision tolerances necessary for media and equipment used in these rooms and taking advantage of the raised floor plenums typically found in such rooms. In 1977, Liebert launched a partner company named Conditioned Power Corpora ...
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Russell 1000
The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index. , the stocks of the Russell 1000 Index had a weighted average market capitalization of $608.1 billion and a median market capitalization of $15.1 billion. , components ranged in market capitalization from $1.8 billion to $1.4 trillion. The index, which was launched on January 1, 1984, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. The ticker symbol is ^RUI. There are several exchange-traded funds and mutual funds that track the index. Record values Annual returns Top sectors by weight *Technology *Consumer Discretionary * Health Care *Industrials *Financial services Top 10 holdings *Apple () *Microsoft () *Amazon () *Alphabet (Class A) () * Tesla () *Alphabet (Class C) () * Meta () *Nvidia () *Berkshire Hathaway () *UnitedHealth Group () (as of Dece ...
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Platinum Equity
Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia. History Platinum Equity was founded in 1995 by Tom Gores. The firm's first acquisition was LSI, a company that generated computer graphics to re-create accidents for courtroom testimony. After purchasing it for $200,000, Platinum Equity focused on servicing existing customers and returning the company to profitability.Steven Bertoni (October 19, 2009)Ready to Play.''Forbes'' Magazine. Over the next five years, between July 1996 and September 2001, the firm made 32 acquisitions with $226 million, and realized $940 million on those investments. These acquisitions included a call center (Foresight Software), networking gear (Racal Electronics), and voice and data service (Williams Communications). BusinessWeek ranked the firm number 10 on its 1999 list of the country’s top 2 ...
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Franklin Electric
Franklin Electric (NASDAQ:FELE) is a manufacturer and distributor of products and systems focused on the movement and management of water and fuel. The company offers pumps, motors, drives, and controls for use in a variety of residential, commercial, agricultural, industrial, and municipal applications. Headquartered in Fort Wayne, Indiana, the company also operates manufacturing facilities in the United States, Germany, Czech Republic, Italy, Turkey, Mexico, Brazil, Australia, South Africa, China, and Japan. As of 2020, the company employed 5,400 individuals worldwide. History Franklin Electric was founded in 1944 in Bluffton, Indiana, USA by E.J. (Ed) Schaefer and T.W. (Wayne) Kehoe. They named the company Franklin Electric in honor of Benjamin Franklin, whom they considered the country's first electrical engineer. The company's first product was a backpack generator to power the radio equipment paratroopers and other assault troops used during WWII. When WWII concluded, Frank ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Data Center
A data center (American English) or data centre (British English)See spelling differences. is a building, a dedicated space within a building, or a group of buildings used to house computer systems and associated components, such as telecommunications and storage systems. Since IT operations are crucial for business continuity, it generally includes redundant or backup components and infrastructure for power supply, data communication connections, environmental controls (e.g., air conditioning, fire suppression), and various security devices. A large data center is an industrial-scale operation using as much electricity as a small town. History Data centers have their roots in the huge computer rooms of the 1940s, typified by ENIAC, one of the earliest examples of a data center.Old large computer rooms that housed machines like the U.S. Army's ENIAC, which were developed pre-1960 (1945), were now referred to as "data centers". Early computer systems, complex to operate and ma ...
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Telecommunications Network
A telecommunications network is a group of nodes interconnected by telecommunications links that are used to exchange messages between the nodes. The links may use a variety of technologies based on the methodologies of circuit switching, message switching, or packet switching, to pass messages and signals. Multiple nodes may cooperate to pass the message from an originating node to the destination node, via multiple network hops. For this routing function, each node in the network is assigned a network address for identification and locating it on the network. The collection of addresses in the network is called the address space of the network. Examples of telecommunications networks include computer networks, the Internet, the public switched telephone network (PSTN), the global Telex network, the aeronautical ACARS network, and the wireless radio networks of cell phone telecommunication providers. Network structure In general, every telecommunications network conceptually ...
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