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Vertiv Holdings Co - VRT STOCK NEWS

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 Class A Common Stock (symbol: VRT) is a leading provider in the field of critical digital infrastructure and continuity solutions. The company expertly integrates hardware, software, analytics, and ongoing services to ensure the seamless operation of essential applications for data centers, communication networks, and commercial and industrial facilities.

Vertiv’s comprehensive portfolio includes power, cooling, and IT infrastructure solutions, providing services that span from the cloud to the network edge. Their offerings are critical to sustaining the performance and growth of their customers' businesses, ensuring that vital applications run without interruption and perform at their best.

The company operates through three primary business segments: Americas, Asia Pacific, and Europe, Middle East & Africa. Vertiv’s diverse range of solutions includes critical power management, advanced thermal management, racks and enclosures, as well as robust monitoring and management systems.

Vertiv has made significant strides in recent years, achieving notable advancements in both technological innovation and market expansion. They have forged strategic partnerships and undertaken projects that fortify their position as an industry leader. These efforts underscore their commitment to solving the complex challenges faced by today’s data-driven, interconnected world.

For further information, visit Vertiv Holdings Co.

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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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Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, announced that it will report its second quarter 2024 results on Wednesday, July 24, 2024, before market open. The press release will include a link to presentation materials available on Vertiv’s website.

A conference call to discuss the results will take place on the same day at 11 a.m. Eastern Time, accessible via webcast through Vertiv's Investor Relations section. A replay of the conference call will be available for 30 days.

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Vertiv (NYSE: VRT), a leader in digital infrastructure solutions, is hosting its exclusive Technology Fair in Columbus, Ohio. The event is focused on next-gen data centers and AI's impact on infrastructure. Over 400 engineers will collaborate during keynotes, panels, and interactive sessions, featuring Vertiv's CEO Giordano Albertazzi and other industry leaders.

The three-day event aims to foster creativity, identify industry trends, and advance technological innovations, particularly in AI. Engineers will engage with advanced technology partners and explore Vertiv’s AI imperatives: being transformative, first, efficient, confident, and future-ready.

Special guests include Christian Belady, Julie Albright, and Wade Vinson. Highlights include Vertiv's innovative cooling system developed with NVIDIA for the DOE’s ARPA-E COOLERCHIPS program and the company's recent membership in the Liquid Cooling Coalition.

The event underscores Vertiv's commitment to continuous innovation and collaboration, driving advancements in reliable and energy-efficient infrastructure.

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Ballard Power Systems (NASDAQ: BLDP) and Vertiv (NYSE: VRT) announced a strategic partnership focused on hydrogen-powered fuel cell backup solutions for data centers. This partnership aims to address the rising power demands and carbon footprint concerns of the data center industry. A proof of concept demonstrated the integration of Ballard's fuel cell modules with Vertiv's Liebert EXL S1 UPS. The system showcased successful zero GHG emissions and scalability from 200kW to several MWs. The partnership also aligns with Vertiv's sustainability strategy and will focus on markets in North America, Europe, and selected other regions.

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Vertiv (NYSE: VRT), a global provider of critical digital infrastructure solutions, has successfully completed the repricing of its subsidiary's $2.1 billion Term Loan. This repricing reduces the interest rate by approximately 61 basis points to Term SOFR + 200 basis points.

This financial adjustment is projected to result in annual interest savings of about $13 million.

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Vertiv, a global provider of critical digital infrastructure and continuity solutions, announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per share of its Class A common stock.

The dividend will be payable on June 26, 2024, to shareholders of record as of June 17, 2024.

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Vertiv (NYSE: VRT) released its 2023 Responsible Business Report, detailing its progress in environmental impact and governance. Key efforts include the expanded use of high-efficiency liquid cooling solutions and low-global warming potential refrigerants, the acquisition of CoolTera, and the introduction of a new battery energy storage system. Vertiv also unveiled a microgrid solution at its Delaware, Ohio facility, leveraging solar arrays and hydrogen fuel cells. The company introduced the TimberMod™ data center solution to reduce carbon footprint and provided an updated Guide to Data Center Sustainability. Operational efficiency improvements include a water reclamation system in Monterrey, Mexico, and a commitment to supply chain integrity.

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Vertiv (NYSE: VRT), a leader in critical digital infrastructure, will showcase its latest innovations at Datacloud Global Congress (June 4-6, 2024, Cannes, France). CEO Giordano Albertazzi will join a keynote panel discussing AI and HPC trends. Vertiv's Tassos Peppas and Ian Paul, along with Gulf Data Hub, will present on energy-efficient data center builds. Andrea Ferro and Victor Elm will discuss leveraging Vertiv's uninterruptible power supply systems with Conapto. Vertiv is shortlisted in three categories at the Datacloud Global Awards. Attendees can explore Vertiv's XR app, Virtual Showroom, and new AI Hub, offering resources for AI infrastructure deployment.

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Vertiv (NYSE: VRT), a leader in digital infrastructure and continuity solutions, has launched the Vertiv AI Hub. This new platform offers a comprehensive guide for deploying AI clusters and infrastructure strategies, including reference designs for major GPU chipsets. The AI Hub provides white papers, industry research, tools, and portfolios for scalable liquid cooling and power infrastructure supporting chipsets from 10-140kW per rack. It will be frequently updated with new content and includes an AI Infrastructure certification program for partners. Vertiv aims to address the knowledge gap in AI infrastructure while supporting current and future deployments.

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Vertiv (VRT) will be participating in two upcoming investor conferences in May. David Fallon, CFO, will present at Oppenheimer's 19th Annual Industrial Growth Conference on May 6, 2024, and Giordano Albertazzi, CEO, along with Mr. Fallon, will present at the Bank of America Transportation, Airlines, and Industrials Conference on May 14, 2024. Both events will have live webcasts and related materials available on Vertiv's Investor Relations website.

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FAQ

What does Vertiv Holdings Co specialize in?

Vertiv Holdings Co specializes in providing critical digital infrastructure and continuity solutions for data centers, communication networks, and commercial and industrial facilities.

What are the main segments of Vertiv Holdings Co's business?

The main business segments of Vertiv Holdings Co are the Americas, Asia Pacific, and Europe, Middle East & Africa.

What types of products and services does Vertiv offer?

Vertiv offers a range of products and services including critical power management, thermal management, racks and enclosures, and advanced monitoring and management systems.

How does Vertiv help its customers?

Vertiv helps its customers by ensuring their vital applications run continuously, perform optimally, and grow with their business needs through its comprehensive portfolio of solutions.

Where can I find more information about Vertiv Holdings Co?

More information about Vertiv Holdings Co can be found on their official website at https://www.vertivco.com.

Has Vertiv Holdings Co formed any strategic partnerships?

Yes, Vertiv Holdings Co has formed strategic partnerships to enhance its market position and drive technological innovation in critical digital infrastructure.

What industries does Vertiv serve?

Vertiv serves industries that require reliable digital infrastructure, including data centers, communication networks, and commercial and industrial facilities.

What is the ticker symbol for Vertiv Holdings Co on the stock market?

The ticker symbol for Vertiv Holdings Co on the stock market is VRT.

What recent achievements has Vertiv made?

Vertiv has made significant advancements in technological innovation and market expansion, reinforcing its leadership in the critical digital infrastructure industry.

What is included in Vertiv's IT infrastructure solutions?

Vertiv's IT infrastructure solutions include critical power, thermal management, racks and enclosures, and monitoring and management systems.

Vertiv Holdings Co

NYSE:VRT

VRT Rankings

VRT Stock Data

31.94B
374.35M
0.92%
84.84%
3.89%
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