Legrand completes the acquisition of Raritan, Inc. 28th of September, 2015

pete_c

Guru
Date :     09/28/2015 @ 11:58AM
Source :     Business Wire
 
Legrand (Paris:LR) today announced the completion of its acquisition of Raritan, Inc., a frontrunner in intelligent PDUs and KVM3 switches in North America.

This acquisition will help strengthen Legrand’s positions in digital infrastructure, a market offering promising prospects given the continuous rise in data volumes flowing through residential, commercial and industrial buildings, notably due to rapid growth of connected devices (Internet of Things).

Based on acquisitions already announced and their likely date of consolidation, the total change in the scope of consolidation in 2015 should boost consolidated sales for the year by around +1.5%.

 
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Email today from Raritan, Inc.
 
Dear Customer,

We are pleased to announce that Raritan, Inc. has officially joined Legrand, North America. Because you are a valued customer, we want you to know that we are committed to delivering the same innovative data center solutions and world-class service that we have always provided.  

Over the next several months we will be launching exciting new products. We continue to enhance our Power solutions and will soon add an Intelligent Branch Circuit Monitor to our portfolio. We are also committed to further KVM innovations, with upcoming enhancements to the CommandCenter Secure Gateway and a new Dominion® KX III User Station, which will also support our growing AV business.

Rest assured you will continue to have access to the people, technology, and expert resources you have come to know and trust at Raritan. And, you can continue to buy Raritan products through your preferred technology provider. Only now, you will benefit from Legrand's impressive resources and global reach.  

If you have any questions or concerns, email [email protected]<script data-cfhash='f9e31' type="text/javascript"> /* */</script> or contact your account manager. We thank you for your loyalty and we look forward to continuing to build our relationship with you as Raritan joins Legrand.

Sincerely,

Rasul Damji
Senior VP, Global Operations and Sales
 
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