nVent Completes Acquisition of CIS Global Business
â€œThe increasing demand for electrifying the world around us is sparking a dramatic increase in the need for protecting, powering and managing heat in large data centers and edge computing applications,â€' said nVent Enclosures President Joe Ruzynski. â€œWith CIS Global's innovative solutions in intelligent rack power distribution and proven capabilities in server slides, we will accelerate our growth plan centered around electrification, which includes providing leading technologies in heat and power management for data center and networking applications.â€'
â€œWe are excited to join the nVent family. nVent has a strong vision and approach to business that closely aligns with our core values around customers, innovation and people,â€' said CIS Global Business President Shubhayu Chakraborty. â€œOur portfolio is complementary to nVent's, which when combined, allows us to bring a greater breadth of solutions to our customers and expands our value proposition to a broader base through an extended global reach.â€'