Vertiv Sells ASCO® to Schneider Electric

COLUMBUS, Ohio, Jul. 27 (Korea Bizwire) — Vertiv, formerly Emerson Network Power, today announced plans to sell its ASCO® business as it continues to sharpen its focus on the digital critical infrastructure space. The $1.25 billion sale to Schneider Electric allows Vertiv to apply additional resources toward business and technological advancements in its core data [...]