Vertiv is trading at $268.05, up 4.42%, after announcing its $1.45 billion Utility Innovation acquisition.
- Potential earn-outs could reach $1.15 billion.
- The deal expands microgrid, onsite-generation, and behind-the-meter capabilities for power-constrained AI data centers.
- Broader risk appetite is also supporting the move, with major U.S. indices higher.