Legrand Acquires Data Center, Branch, and Edge Management Infrastructure Market Leader ZPE Systems, Inc.

Rhea-AI Summary

Legrand (LR) completes acquisition of ZPE Systems, Inc., expanding its data center solutions and services. ZPE's secure management infrastructure and services delivery platform for data center, branch, and edge environments complement Legrand's comprehensive data center offerings.

Customers Benefit from Enhanced and Diversified Product Development and Expanded Customer-focused, Infrastructure Solutions and Services Delivery from the Data Center to the Edge

WEST HARTFORD, Conn., Jan. 12, 2024 /PRNewswire/ -- Legrand^®, a global specialist in electrical and digital building infrastructures, including data center solutions, has announced its acquisition is complete of ZPE Systems, Inc., a Fremont, California-based company that offers critical solutions and services to deliver resilience and security for customers' business critical infrastructure. This includes serial console servers, sensors, and services routers that enable remote access and management of network IT equipment from data centers to the edge. The acquisition brings together ZPE's secure and open management infrastructure and services delivery platform for data center, branch, and edge environments to Legrand's comprehensive data center solutions of overhead busway, custom cabinets, intelligent PDUs, KVM switches, and advanced fiber solutions.

ZPE Systems will become a business unit of Legrand's Data, Power, and Control (DPC) Division. Arnaldo Zimmermann will continue to serve as Vice President and General Manager of ZPE Systems, reporting to Brian DiBella, President of Legrand's DPC Division.

"ZPE Systems leads the fast growing and profitable data center and edge management infrastructure market. This acquisition allows Legrand to enter a promising new segment whose strong growth is expected to accelerate further with the development of artificial intelligence and associated needs," said John Selldorff, President and CEO, Legrand, North and Central America. "Edge computing, AI and operational technology will require more complex data centers and edge infrastructure with intelligent IT needs to be built in disparate remote geographies. This makes remote management and operation a critical requirement. ZPE Systems is well positioned to address this need through high performance automation infrastructure solutions, which are complementary to our current data center offerings."

"By joining forces with Legrand, ZPE Systems is advancing our leadership position in management infrastructure and propelling our technology and solutions to further support existing and new market opportunities," said Zimmermann.

About Legrand and Legrand, North and Central America
Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for commercial, industrial, and residential markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving lives by transforming the spaces where people live, work, and meet with electrical, digital infrastructures and connected solutions that are simple, innovative, and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings—including products with enhanced value in use (faster expanding segments: data centers, connected offerings and energy efficiency programs). Legrand reported sales of €8.0 billion in 2022. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 and CAC 40 ESG indexes. (code ISIN FR0010307819). https://www.legrand.us/

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SOURCE Legrand

FAQ

What company did Legrand acquire?

Legrand completed the acquisition of ZPE Systems, Inc.

Where is ZPE Systems, Inc. based?

ZPE Systems, Inc. is based in Fremont, California.

What type of solutions and services does ZPE Systems offer?

ZPE Systems offers critical solutions and services to deliver resilience and security for customers' business critical infrastructure, including serial console servers, sensors, and services routers.

What division will ZPE Systems become a part of within Legrand?

ZPE Systems will become a business unit of Legrand's Data, Power, and Control (DPC) Division.

Who will continue to serve as Vice President and General Manager of ZPE Systems?

Arnaldo Zimmermann will continue to serve as Vice President and General Manager of ZPE Systems.