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Legrand completes acquisition of ZPE Systems

EditorAhmed Abdulazez Abdulkadir
Published 12/01/2024, 17:24
© Reuters.
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WEST HARTFORD, Conn. - Legrand, a leading global specialist in electrical and digital building infrastructures, has finalized the acquisition of ZPE Systems, Inc., a California-based provider of critical infrastructure solutions. The acquisition, which was announced today, integrates ZPE's remote access and management services for IT equipment with Legrand's extensive data center solutions.

ZPE Systems, recognized for its innovative management infrastructure in data center and edge environments, will now operate as a business unit within Legrand's Data, Power, and Control (DPC) Division. Arnaldo Zimmermann will continue in his role as Vice President and General Manager of ZPE Systems, reporting to Brian DiBella, President of Legrand's DPC Division.

John Selldorff, President and CEO of Legrand North and Central America, expressed that the acquisition positions Legrand in a rapidly growing market segment that is likely to see further expansion with advancements in artificial intelligence and the increasing complexity of data centers and edge infrastructure. The move is anticipated to bolster Legrand's capabilities in providing intelligent IT solutions necessary for remote management and operation of these infrastructures.

ZPE Systems' portfolio includes serial console servers, sensors, and service routers that are essential for the resilience and security of business-critical infrastructures. These offerings are poised to complement Legrand's current data center solutions, which encompass overhead busway, custom cabinets, intelligent PDUs, KVM switches, and advanced fiber solutions.

The acquisition is part of Legrand's growth strategy, which focuses on expanding its product range and market presence through acquisitions and innovation. Legrand reported sales of €8.0 billion in 2022 and is listed on Euronext Paris, being a component stock of the CAC 40 and CAC 40 ESG indexes.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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