DG Matrix Appoints Data Center Infrastructure Veteran Deepak Thakkar, Ph.D., as Chief Commercial Officer

Key Terms

solid-state transformer technical

A solid-state transformer is an electrical device that performs the same job as a traditional transformer—changing voltage and isolating circuits—but does so with fast-switching electronics instead of large coils of wire and oil-filled tanks. It can be smaller, more efficient, provide finer control over how power is delivered or routed, and enable features like two-way power flow and built-in monitoring. For investors, that means companies making or deploying them could benefit from spending on grid upgrades, electric vehicle charging, renewable integration, and smarter infrastructure, similar to how upgrading from a mechanical gearbox to a digital controller unlocks new capabilities.

data center stack technical

A data center stack is the layered set of technologies and services that together run and support a data center — including servers and storage (hardware), virtualization and operating systems, networking, security, management software, and cloud or service platforms. Think of it like the floors of a building that must all work together: changes in one layer affect performance, cost, and scalability. For investors, the composition and efficiency of a stack influence capital and operating expenses, reliability, and how quickly a provider can roll out new services or scale to customer demand.

total cost of ownership financial

The total cost of ownership is the full lifetime expense of acquiring and keeping an asset or product, not just its sticker price — it includes purchase, installation, operating, maintenance, financing and disposal costs. For investors, it reveals the real economic burden or savings of a purchase so they can judge profitability, cash flow and competitive strength; like comparing cars by adding fuel, insurance and repairs, not just the sale price.

hyperscalers technical

Hyperscalers are large technology companies that operate massive computing networks and data centers to provide cloud services, data storage, and online infrastructure at an enormous scale. They are essential to the digital economy because they enable businesses and organizations to handle vast amounts of data and run complex applications efficiently. For investors, hyperscalers represent powerful engines of growth and innovation in the technology sector.

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A 25-year career spanning silicon, cybersecurity, manufacturing, power, cabling, and cooling gives Dr. Thakkar a rare perspective across the entire data center stack

Deepak Thakkar, Ph.D., Chief Commercial Officer, DG Matrix

Dr. Thakkar brings more than 25 years of leadership experience spanning virtually every layer of the data center infrastructure ecosystem.

Prior to joining DG Matrix, he served as Chief Commercial Officer for portfolio companies within the data center thermal management practice of Neos Partners, where he helped institutionalize commercial operations and expand high-margin infrastructure opportunities.

Previously, he served as Vice President of Sales at Boyd Corporation, whose thermal management business was acquired by Eaton in a $9.5 billion transaction, where he led growth initiatives across mission-critical thermal management markets. He also served as President of Global Sales at Electrical Components International (ECI), leading commercial strategies that contributed to a successful $2 billion exit.

Earlier in his career, Dr. Thakkar spent nearly a decade at Flex (NASDAQ: FLEX) as Vice President of Business Development, managing executive relationships with leading OEM customers across North America, Europe, Korea, and India while overseeing more than $2 billion in annual outsourced manufacturing revenue. He also held senior data center business leadership roles at Intel, McAfee, and Silicon Graphics.

“I’ve spent my career watching each layer of the data center stack become increasingly optimized in isolation; chips here, cooling there, power elsewhere,” said Dr. Thakkar. “DG Matrix is the first platform I have seen that brings these domains together at the rack level. The opportunity to build the commercial engine around Interport, at this stage of the company’s growth, is exactly the challenge I have been looking for.”

Dr. Thakkar’s approach to infrastructure investment decisions is rooted in economics and operational outcomes.

According to the company, the DG Matrix Interport platform consolidates up to 15 discrete electrical components into four, reducing cooling and energy costs while lowering total cost of ownership to approximately one-half to two-thirds that of conventional architectures. Deployment timelines can be reduced from the industry’s typical 18 to 24 months to approximately six months. Fewer components also translate into fewer potential points of failure — a critical consideration in an industry where uptime directly drives revenue generation.

“Deepak has spent his career operating across every layer of the data center stack, from silicon to cooling to power infrastructure,” said Haroon Inam, CEO of DG Matrix. “That perspective is exactly what DG Matrix needs as we position Interport as foundational infrastructure that must integrate seamlessly with everything else in the rack. Deepak approaches every opportunity through a commercial lens rather than as a science experiment, and that discipline will strengthen how we bring Interport to market.”

As Chief Commercial Officer, Dr. Thakkar will build and scale DG Matrix’s commercial organization, deepen strategic relationships with hyperscalers, colocation providers, and data center developers, and accelerate market adoption of the Interport platform globally. He reports directly to CEO Haroon Inam and joins DG Matrix at a pivotal stage as the company expands deployments worldwide.

About DG Matrix

DG Matrix has commercialized the world’s first multi-port solid-state transformer designed to address the growing power infrastructure challenges associated with AI data centers and electrification. Its standardized Interport™ platform enables faster deployment, lower energy costs, and flexible integration of multiple energy sources and loads at scale, anywhere in the world.

For more information, visit http://www.dgmatrix.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260713165630/en/

Media Contact:
Will Kruisbrink
ANDOR PR
Will.Kruisbrink@andorpr.com
(217) 766-7894

Source: DG Matrix