Welcome to our dedicated page for Vertiv Holdings Co news (Ticker: VRT), a resource for investors and traders seeking the latest updates and insights on Vertiv Holdings Co stock.
Vertiv Holdings Co (VRT) delivers essential infrastructure solutions for data centers and communication networks worldwide. This news hub provides investors and industry professionals with authoritative updates about the company's operational developments and market position.
Access curated press releases and analysis covering Vertiv's power systems innovations, cooling technology advancements, and strategic partnerships. Our repository includes verified information on financial results, product launches, and leadership changes, helping stakeholders track the company's impact on digital infrastructure evolution.
Key updates feature earnings disclosures, IT infrastructure deployments, and sustainability initiatives. The collection serves as a strategic resource for understanding Vertiv's role in enabling continuous operations for cloud services, edge computing networks, and mission-critical facilities.
Bookmark this page for streamlined access to Vertiv's official communications and third-party analysis. Regular updates ensure you maintain current awareness of the company's contributions to reliable power distribution and thermal management solutions across global markets.
Vertiv (NYSE: VRT) has expanded its liquid cooling product portfolio with the introduction of the Vertiv™ CoolPhase CDU and Vertiv™ CoolChip Fluid Network. These systems enable modular, cost-effective liquid cooling deployments in data centers not originally configured for liquid cooling, facilitating high-density computing for AI alongside traditional air-cooled racks.
The Vertiv CoolPhase CDU is a liquid-to-refrigerant coolant distribution unit that supports direct-to-chip liquid cooling with refrigerant-based heat rejection, eliminating the need for a facility chilled water system. The Vertiv CoolChip Fluid Network is an in-rack manifold that routes fluid from the coolant distribution unit to the server, easily installed and customizable for any direct-to-chip liquid cooling application.
These new systems aim to provide flexibility for data centers and colocation providers, enabling rapid, modular growth to support increasing AI deployment demands. Vertiv also offers a full suite of global service offerings to support the deployment of liquid cooled infrastructure.
Vertiv (NYSE: VRT) has introduced Vertiv™ EnergyCore battery cabinets, a new solution for high-density computing in crowded data centers. These cabinets are:
- Factory assembled with LFP battery modules
- Equipped with Vertiv's internally-powered battery management system
- Compatible with most current and legacy three-phase Vertiv™ UPS systems
- Optimized for 5 minutes end-of-life runtime at 263kWb per cabinet
- Suitable for high-density environments with wide temperature range operation
- More compact and lighter than VRLA alternatives
- Designed for faster, cost-efficient installation with reduced deployment time
The cabinets feature an intuitive touch screen HMI display and offer remote battery monitoring via Vertiv™ Alber™ Battery Xplorer Enterprise. They are UL 1973 listed and UL 9540A compliant for thermal runaway protection.
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure solutions, has announced a major expansion of its North American manufacturing operations with a new facility in Pelzer, South Carolina. The 215,000 square feet facility is expected to create up to 300 additional skilled jobs and will produce a variety of infrastructure solutions, including integrated modular solutions and modular power systems for data centers.
CEO Giordano Albertazzi emphasized the importance of increasing manufacturing capacity to meet growing customer demand, particularly as AI accelerates the need for faster compute deployment. The Pelzer facility will complement Vertiv's existing switchgear and busbar manufacturing facility in nearby Anderson, South Carolina. This expansion is part of Vertiv's global strategy to increase capacity across multiple countries, including the United States, Mexico, Slovakia, United Arab Emirates, Ireland, and Northern Ireland.
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure solutions, has appointed Frank Poncheri as the new Chief Human Resources Officer (CHRO). Reporting to CEO Giordano Albertazzi, Poncheri will lead HR strategy, development, and execution to reinforce Vertiv's strategic priorities and behaviors.
Poncheri brings over 15 years of experience in HR and corporate strategy, with a focus on global employee development, talent management, and fostering high-performance culture. His background includes roles at Owens Corning and GE Aerospace. Albertazzi emphasized the importance of cultivating employees who will thrive in Vertiv's high-performance culture to drive innovation and industry leadership.
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has announced a quarterly cash dividend of $0.025 per share of its Class A common stock. The dividend will be payable on September 26, 2024, to shareholders of record at the close of business on September 17, 2024. This announcement demonstrates Vertiv's commitment to returning value to shareholders and may indicate confidence in the company's financial stability and future prospects.
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has announced its participation in the upcoming Goldman Sachs Communacopia + Technology Conference in San Francisco. CEO Giordano Albertazzi and CFO David Fallon will engage in a fireside chat on September 12, 2024, at 8:50 a.m. Pacific time (11:50 a.m. Eastern time).
A live webcast of the event and related presentation materials will be available on Vertiv's website in the Investor Relations section at investors.vertiv.com. The recording will remain accessible for 30 days following the webcast on the same platform.
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure solutions, has announced its participation in the 10th Annual TD Cowen Communications Infrastructure Summit in Boulder, Colorado. CEO Giordano Albertazzi and VP Global Strategic Accounts Scott Armul will engage in a fireside chat on August 13, 2024, at 2:55 p.m. Mountain time.
The event will be livestreamed on Vertiv's Investor Relations website, with presentation materials available. A recording will be accessible for 30 days following the webcast. This participation underscores Vertiv's commitment to engaging with industry leaders and investors in the communications infrastructure sector.
Vertiv (NYSE: VRT) has launched the Vertiv™ MegaMod™ CoolChip, a prefabricated modular data center solution designed to accelerate the deployment of AI compute infrastructure. This innovative solution integrates high-density liquid cooling and can reduce deployment time by up to 50% compared to onsite builds. Key features include:
- Support for high-density compute from leading AI providers
- Advanced liquid cooling infrastructure
- High-efficiency power protection and distribution
- Modular assembly for flexible deployment
- Single-source accountability for streamlined processes
The MegaMod CoolChip is available globally and can be used for both retrofitting existing facilities and new freestanding data centers, supporting up to hundreds of kilowatts per row and multiple megawatts with prefabricated units.
Vertiv Holdings Co (NYSE: VRT) reported strong financial results for Q2 2024, with 57% organic orders growth and 13% net sales growth to $1,953 million. The company saw a 63% increase in operating profit to $336 million and a 52% rise in adjusted operating profit to $382 million. Adjusted operating margin expanded by 510 basis points to 19.6%.
Vertiv raised its full-year 2024 guidance, projecting net sales of $7,665 million at the midpoint, a $50 million increase from previous estimates. The company also increased its adjusted free cash flow guidance to $875 million at the midpoint. These improvements are attributed to increased AI deployment scaling and Vertiv's strong market position in critical digital infrastructure solutions.
Vertiv (NYSE: VRT) and ZincFive have announced a collaboration to offer nickel-zinc (NiZn) battery energy storage for data center UPS in North America and EMEA. Vertiv will add ZincFive's BC Series UPS Battery Cabinets to its portfolio, compatible with select large and medium Vertiv UPS systems. The NiZn batteries offer safety, reliability, and environmental benefits, including a smaller footprint compared to VRLA and Lithium-Ion batteries, minimal maintenance requirements, and lower end-to-end environmental impact.
This collaboration aligns with Vertiv's commitment to help customers reduce their data center environmental footprint. The BC Series is the first NiZn battery solution compatible with megawatt class UPS and has already been deployed at several major data center sites. It also addresses challenges related to fire protection standards and codes.
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