Europe: Eaton invests in European data center power module firm
Jun 04, 2024 | Posted by Abdul-Rahman Oladimeji
Power management company Eaton announced it has completed a “significant strategic investment” in NordicEPOD AS, which designs and assembles standardized power modules for data centers in the Nordic region.
“We are delighted to be partnering with Eaton. Their global reach and commitment to NordicEPOD will help us to upscale significantly, so that we can manufacture with security of supply and ensure our clients’ project requirements are fully met,” CTS said on LinkedIn. “Eaton’s current and evolving technology is the perfect fit for our EPOD design!”
“We’re excited about this strategic relationship with CTS Nordics, a high-growth company with a strong reputation in the Nordics data centers market,” said Tim Darkes, president, Europe, Middle East, and Africa Region, corporate and electrical sector.
“This strategic investment in NordicEPOD positions Eaton for growth by enabling us to supply critical power products and services to more clients and at the higher, pre-engineered system level. Power modules are increasingly the preferred approach for many data center customers in Europe.”
Morten Molven, general manager, NordicEPOD, added: “We are delighted to be partnering with Eaton. Their global reach and commitment to NordicEPOD will help us to upscale significantly, so that we can manufacture with security of supply and ensure our clients’ project requirements are fully met. Eaton’s current and evolving technology is the perfect fit for our EPOD design.”
Ciarán Forde, vice president, strategic accounts and alliances at Eaton, said: “NordicEPOD already belongs to our xModular partner program, and this deal cements that relationship. What is unique is how CTS Nordics and NordicEPOD have aligned to positively disrupt the status quo and drive new levels of value to data center operators. Both companies were formed to serve, and focus entirely on, the data center industry. This has shaped how they operate and has resulted in engineered solutions like none other. This is the level of innovation and scale needed to meet the market needs."