Eaton

This Research Note examines Eaton Electrical businesses worldwide, the Americas, and Global business units, which account for 73% of Eaton Corporation’s net revenues.  We highlight their acquisitions and strategic investments over the last two years to date and assess the group’s largest end market, data centers, in 2026. The two Electrical business segments combined account […]

In this Research Note, we examine Legrand Group, from the perspective of its 2025 financial results reported on 12th February 2026. We highlight the group’s strategic roadmap, its focus on high-growth segments and acquisitions, and then comment on Legrand’s positioning in the global data center infrastructure ranking. Legrand Profile Legrand, a French public company, positions […]

This Research Note examines the major acquisitions, investments, and partnerships in the data center infrastructure sector since October 2024. We chart the activities of 11 primary suppliers of infrastructure to this vertical market as AI-driven demand and intense competition drive M&A and investment. Acquisitions, Investments & Partnerships in Data Center Infrastructure Our chart below documents […]

This Research Note examines the acquisition of Alloy Enterprises by Johnson Controls, announced on 18th February 2026.  The startup has developed technology for direct liquid cooled (DLC) components in data centers which enables a reduction in energy consumption. We highlight the innovative manufacturing process, the strategic rationale of the acquisition and our view of this […]

This Research Note examines the data center business of Siemens Smart Infrastructure (SI), based on Siemens FY 2025 Results and Q1 2026 results, 12th February 2026. We highlight their growth, strategy, and partnerships in this key vertical, before assessing the competitive landscape and Siemens position in our ranking of major building infrastructure suppliers to this […]

This Research Note examines the acquisition of LiquidStack by Trane Technologies, highlighting the development of the scale-up since its founding, its funding from external investors, and its manufacturing footprint, before assessing how the major HVAC and electrical equipment players have been investing in this high-growth market. Transaction Details On 10th February 2026, Trane Technologies agreed […]

This Research Note examines the latest acquisitions and strategic investments in liquid cooling technology by the major HVAC and data center infrastructure players over the last 3 years. Competition is intensifying between equipment vendors, as they accelerate their market position in this high-growth segment. Key players have acquired 4 significant companies in the sector in […]