Vertiv to Acquire UtilityInnovation Group for $1.45 Billion to Speed Power for AI Data Centers
Vertiv will acquire UIG for $1.45B, plus earnout, to add microgrids and speed power for AI data centers. Close expected Q4 2026.
Vertiv will acquire UIG for $1.45B, plus earnout, to add microgrids and speed power for AI data centers. Close expected Q4 2026.
Comstock Resources signs a $1.65B LOI with Azerbaijan’s SOCAR and a $450M Haynesville drilling venture with Jerry Jones to cut debt and fund growth.
GoPro will stay on Nasdaq after merging with Starman Optical. Shareholders get $1.14 a share in cash and keep about 10% of the company.
Herbalife said CEO Stephan Gratziani will step down Oct. 31 and become a strategy consultant. CFO John DeSimone will serve as interim CEO.
The deal adds debt, pauses buybacks, and hits EPS in 2028.
MediaTek will use Nvidia NVLink Fusion for custom data-center XPUs, keep co-designing Spark PCs, and pair Dimensity Auto with Nvidia DRIVE AGX.