Legrand today announced the acquisition of Raritan, Inc., a frontrunner in intelligent PDUs and KVM switches in the US.
June 16, 2015
June 16, 2015
LIMOGES, France--(BUSINESS WIRE)--
Regulatory News :
After acquiring Electrorack and Lastar in the United States, Aegide in the Netherlands, SJ Manufacturing in Singapore and Valrack in India, Legrand (Paris: LR) is strengthening its international presence in digital infrastructure by acquiring Raritan, Inc. in the United States.
Raritan, Inc. is a frontrunner in intelligent PDUs and KVM switches in North America. Its arrival reinforces Legrand's US presence in IT, audio/video and datacenter distribution channels, where the group currently operates through a range of well-known brands (Ortronics, Electrorack, Quiktron, C2G, Middle Atlantic and Cablofil). In addition, Raritan's solutions are an ideal complement to Legrand's global offer in the growing market for digital infrastructure (racks, copper and fiber optic connectivity, modular UPS, energy distribution and wire-mesh cable management).
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).
New Jersey-based Raritan, Inc. has around 350 employees and annual revenues of some USD 114 million, of which about 67% achieved in the United States—the group's largest national market in terms of sales.