Eaton
Craig Arnold, Chairman, CEO
Headquarters: Dublin, Ireland
In a blockbuster move, Eaton is acquiring fellow power and data center hardware vendor Tripp Lite for $1.65 billion to enhance its power and edge computing business. The data center power management specialist generated nearly $18 billion in revenue during its fiscal year 2020. Eaton is expected to close its Tripp Lite purchase in the middle of 2021.