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Eaton signs agreement to acquire Resilient Power Systems Inc.

1. Eaton acquires Resilient Power Systems for innovative energy solutions. 2. Resilient's technology targets the electric vehicle and data center markets. 3. The deal is expected to close in Q3 2025, enhancing Eaton's capabilities. 4. Eaton aims to improve power distribution efficiency and minimize costs. 5. The acquisition aligns with Eaton's commitment to sustainability and electrification.

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FAQ

Why Bullish?

This acquisition expands Eaton’s market potential in the growth areas of EVs and data centers, likely enhancing its revenues. Historical acquisitions in similar sectors have led to significant positive impacts on share prices.

How important is it?

The acquisition has substantial implications for Eaton's growth trajectory and aligns with industry trends towards electrification, impacting both short-term speculation and long-term performance.

Why Long Term?

The positive effects of this acquisition will materialize over time as market integration and technology applications increase, similar to past tech adoption cycles in energy sectors.

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TSLANEEBLDPENPH
DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Resilient Power Systems Inc., a leading North American developer and manufacturer of innovative energy solutions, including solid-state transformer-based technology. “Resilient’s medium voltage solid-state transformers are a next-generation solution in high-power, direct current (DC) applications in the electric vehicle (EV) market – and there’s huge opportunity for future applications in data centers, port electrification and battery energy storage,” said Mike Yelton, president, Americas Region, Electrical Sector. “By leveraging Eaton’s manufacturing capabilities, field service organization and commercial scale, we’re confident we can expand the market for this innovative technology to data center and other customers looking to move faster, minimize costs and improve power distribution efficiency and reliability.” Resilient Power Systems Inc., based in Austin, Texas and backed by venture capital firms including Energy Transition Ventures, develops and manufactures innovative energy solutions that rewrite the electric grid. Today, its line of ultra-compact EV charging depots connect directly to the existing distribution grid allowing clients to deploy EV fleet and public charging stations quickly and efficiently. And in the future, Resilient’s highly differentiated technology has additional application potential for data centers, enabling customers to increase power density and revenue generation. The transaction, which is subject to customary closing conditions, is expected to close in the third quarter of 2025. Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re helping to solve the world’s most urgent power management challenges and building a more sustainable society for people today and generations to come. Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.

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