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Vertiv completes acquisition of BiXin Energy Technology (Suzhou) Co., Ltd (BSE) to expand chiller portfolio

PUBLIC · VRTDec 20, 2024

Acquiring Company

Vertiv

Acquired Company

BiXin Energy Technology (Suzhou) Ltd (BSE)

WestervilleSuzhouManufacturingInformation TechnologyHardwareSoftwareInternet ServicesAnalyticsData CenterManufacturing

Description

Vertiv has acquired certain assets and technologies of BSE, a manufacturer of chillers, heat pumps, and heat-recovery solutions, to strengthen its portfolio of critical technologies and solutions in support of high-performance compute and AI applications globally. This acquisition brings established presence, industry patents, advanced technology solutions, and strong research and development capabilities from BSE, reinforcing Vertiv's global offering.

Quick answer

Vertiv is acquiring BiXin Energy Technology (Suzhou) Ltd (BSE), announced December 20, 2024. Vertiv is based in Westerville, Ohio, United States.

How much did Vertiv pay for BiXin Energy Technology (Suzhou) Ltd (BSE)?
The deal value was not disclosed.
What does Vertiv do?
Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs.
Where are Vertiv and BiXin Energy Technology (Suzhou) Ltd (BSE) based?
Vertiv is based in Westerville, Ohio, United States. BiXin Energy Technology (Suzhou) Ltd (BSE) is based in Suzhou, Jiangsu, China.
Who are the decision-makers at Vertiv?
Fundz holds 1 contact at Vertiv. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Vertiv

Location

505 N. Cleveland Ave.

Westerville, Ohio, United States

About

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

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Frequently asked

Who acquired BiXin Energy Technology (Suzhou) Ltd (BSE)?

BiXin Energy Technology (Suzhou) Ltd (BSE) was acquired by Vertiv, based in Westerville. The deal was reported on December 20, 2024. Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv is publicly traded (VRT) and operates in Manufacturing.

When did Vertiv acquire BiXin Energy Technology (Suzhou) Ltd (BSE)?

Vertiv's acquisition of BiXin Energy Technology (Suzhou) Ltd (BSE) was reported on December 20, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does BiXin Energy Technology (Suzhou) Ltd (BSE) do?

BSE, established in 2010, is a manufacturer of chillers, heat pumps, heat-recovery solutions, and air-handling units with a focus on the Asia region. It is privately held, operating in Manufacturing, and is based in Suzhou.

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