Industry Update: Electrical Components & Equipment

Industry Highlights

  • On March 17, 2021, Eaton announced it has completed the acquisition of Tripp Lite. Headquartered in Chicago, Illinois, Tripp Lite is a leading supplier of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centers, industrial, medical and communications markets in the Americas.
  • On January 7, 2021, Airgain, Inc., a leading provider of advanced antenna technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, acquired privately-held NimbeLink Corp., a leader in cellular industrial Internet of Things solutions and services, for approximately $23 million.

Past Industry Updates