Concentric Acquires Power Supplier Critical Components to Enhance Data Center Solutions
Concentric has acquired Critical Components, a provider of power and cooling infrastructure for data centers, to enhance its offerings in this growing sector. This acquisition follows Concentric's own purchase by Mitsubishi Heavy Industries in 2023. The demand for data centers continues to drive partnerships in the electrical equipment industry, exemplified by Schneider Electric and Switch Data Centers' recent $1.9 billion contract expansion.
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Concentric has acquired Critical Components, a provider of power and cooling infrastructure primarily serving data centers. This acquisition follows Concentric's own acquisition by Mitsubishi Heavy Industries in 2023.
Critical Components specializes in uninterruptible power supply (UPS) and backup power solutions. The demand for data centers has positively impacted firms in the electrical equipment sector, leading to various partnerships. Notably, in November 2024, Schneider Electric and Switch Data Centers expanded their contract to $1.9 billion for the supply of prefabricated power modules.
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