Vertiv Holdings Co. is a global leader in designing, manufacturing, and servicing critical digital infrastructure technologies for data centers, communication networks, and commercial and industrial environments. Headquartered in Westerville, Ohio, Vertiv operates in more than 40 countries and employs approximately 31,000 people worldwide. The company's product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), thermal management systems, integrated rack solutions, and monitoring and management software. Vertiv's offerings are essential for ensuring the continuous operation of vital applications in various sectors.
Vertiv has a rich history, tracing its roots back to 1946 as Capitol Refrigeration Industries, later becoming Liebert Corporation in 1965. After several acquisitions and transformations, it was known as Emerson Network Power before rebranding to Vertiv in 2016. The company has expanded its capabilities through strategic acquisitions, including the purchase of E&I Engineering in 2021 and CoolTera Ltd in 2023, enhancing its offerings in electrical switchgear and liquid cooling infrastructure, respectively.
Financially, Vertiv has demonstrated strong performance. In the first quarter of 2025, the company reported net sales of $2.04 billion, a 24% increase compared to the same period in 2024. This growth is attributed to the rising demand for digital infrastructure to support AI-powered data centers. Vertiv has raised its 2025 revenue forecast to between $9.33 billion and $9.58 billion, reflecting confidence in continued growth driven by AI deployment and data center expansion.
Vertiv's commitment to innovation is evident in its recent product launches aimed at addressing challenges posed by the rapid growth of AI applications. The company unveiled new systems designed to solve deployment speed, management, and rack power and cooling challenges for AI applications. Additionally, Vertiv is shifting some manufacturing to Mexico to minimize tariff impacts, aligning with the USMCA trade agreement. These strategic moves position Vertiv to effectively support the evolving needs of its global customer base in the digital age.