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nVent Electric to Buy Maverick Power for $1.75 Billion to Expand Data Center Offerings

Aug 24 : nVent Electric said on Monday it would acquire data center equipment maker Maverick Power for $1.75 billion as it looks to expand its presence in a booming AI infrastructure market.Electrical equipment and systems suppliers like nVent have benefited as companies ramp up investment to support the rapi

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pmg-ky3.com broke the news in Cynthiana, United States on Monday, August 24, 2026.
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