Eaton buys Powerware for £313m
Eaton has paid £313m for Invensys’ Powerware – a supplier of uninterruptible power systems, DC power products and power quality services.
Eaton’s chairman and chief executive officer, Alexander Cutler, said: “The acquisition of Powerware will provide new products and solutions, along with strong brand recognition and expanded channels, for Eaton’s global electrical business.”
Based in Raleigh, North Carolina, Powerware provides products and services for companies such as computer manufacturers, industrial companies, government, telecommunications firms, medical institutions and data centres. It offers a full line of UPS products (three-phase and single-phase) and DC power systems, power management software, remote monitoring, integration services and site support.
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