Which Company Agreed to Acquire Maverick Power for $1.75 Billion to Expand Its Data-Center Business?

Major Data-Center Acquisition | Business Current Affairs 2026

nVent Electric has agreed to acquire Maverick Power for $1.75 billion as it looks to expand its presence in the rapidly growing data-center infrastructure and AI market.

Maverick Power specialises in engineered power-distribution and infrastructure solutions for data centers. The acquisition will strengthen nVent’s portfolio by adding power-distribution capabilities and expanding its solutions for next-generation data-center architectures.

📚 CURRENT AFFAIRS QUICK REVISION

Question: Which company has agreed to acquire Maverick Power for $1.75 billion to expand its data-center infrastructure business?

✅ Answer: nVent Electric 💰

🔑 Key Facts:
• Acquirer: nVent Electric
• Target: Maverick Power
• Deal value: $1.75 billion
• Sector: Data-center infrastructure
• Focus: Power distribution and AI infrastructure
• Expected completion: Q4 2026

🎯 Important for UPSC, SSC, Banking, Defence, Railway, State PCS and other competitive examinations.

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