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Eaton Acquires Boyd Thermal to Boost AI Data Center Demand

3/13/2026

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Summary

Story summary

Eaton has completed the acquisition of Boyd Thermal from Goldman Sachs Asset Management.
The acquisition aims to meet rising demand for data center infrastructure driven by artificial intelligence.
Eaton expects the deal to positively impact its adjusted earnings in the second year after closing.
Eaton reported revenues of $27.4 billion in 2025.

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Story summary

Eaton has completed the acquisition of Boyd Thermal from Goldman Sachs Asset Management.
The acquisition aims to meet rising demand for data center infrastructure driven by artificial intelligence.
Eaton expects the deal to positively impact its adjusted earnings in the second year after closing.
Eaton reported revenues of $27.4 billion in 2025.