Columbus, Ohio – October 12, 2026 -- Vertiv has deployed a three-rack SmartIT integrated AI infrastructure configuration at the Naval Postgraduate School (NPS) to support the school's new NVIDIA DGX GB300 system, converting an existing facility into a high-density, liquid-cooled environment.

NVIDIA supplied the DGX GB300 system. Vertiv provided and deployed the supporting physical infrastructure, engineering expertise and installation services needed to bring the environment online. The project covers education, research, digital engineering, modeling and simulation.

Columbus, Ohio – October 12, 2026 -- Vertiv Holdings Co. has agreed to acquire microgrid specialist Utility Innovation Holdings, operating as UtilityInnovation Group (UIG), for about $1.45 billion in cash at closing, plus up to $1.15 billion in additional cash tied to EBITDA targets over 12- and 24-month periods.

Vertiv's wholly-owned subsidiary, Vertiv Corporation, signed the merger agreement. If the full earnout is paid, total consideration could reach $2.6 billion.

Vertiv prices UIG at about 13x expected 2027 EBITDA

At the $1.45 billion upfront price, the deal values UIG at roughly 13x its expected 2027 EBITDA. Vertiv expects that multiple to be significantly lower if the full earnout is paid. The company expects the acquisition to be accretive to adjusted earnings per share in the first year after completion.

Columbus, Ohio – October 12, 2026 -- Vertiv's 2.3 MW CoolChip coolant distribution unit (CDU) has qualified as a NVIDIA DSX Ready CDU, making it the first CDU to qualify specifically under the program, the company said.

Vertiv (NYSE: VRT) is among the initial providers of qualified CDU solutions in NVIDIA DSX Ready. The program lets AI factory builders identify power and cooling products that meet applicable NVIDIA DSX requirements.

Qualification rests on NVIDIA's CDU self-qualification suite

For CDU providers, the program uses the NVIDIA CDU self-qualification suite to determine whether a specific offering meets applicable functional requirements. NVIDIA DSX Ready connects individual products to those requirements.

The qualification does not replace site-specific engineering. Customers must still determine how a qualified product fits their facility design, system configuration and operating requirements.

Columbus, Ohio – October 12, 2026 -- Vertiv Holdings Co (NYSE: VRT) has agreed to acquire King Environmental Services Ltd. (KES), a Europe-based provider of fluid management, commissioning and load-testing services for high-density, liquid-cooled data centers, with closing expected in the fourth quarter of 2026.

Vertiv did not disclose financial terms. The company said the deal is not expected to be material to its financial results.

KES brings fluid management and load testing to Vertiv's EMEA services

The acquisition extends Vertiv's thermal management services into Europe, the Middle East and Africa (EMEA). KES is headquartered near Dublin, Ireland, and serves customers across the region.

Columbus – October 12, 2026 -- Vertiv Holdings Co. (NYSE: VRT) has appointed Stellantis manufacturing executive Michael Resha as Executive Vice President of Manufacturing, Logistics and Operational Excellence, effective immediately. He succeeds Anders Karlborg as the critical digital infrastructure supplier scales operations to meet demand driven by AI and high-density computing.

Resha takes charge of capacity expansion and capital deployment

Resha reports to CEO Giordano Albertazzi and joins the executive leadership team. He leads Vertiv's global manufacturing, logistics and operational excellence organization. His remit covers scaling global manufacturing operations, expanding capacity, optimizing capital deployment and aligning operational execution with the company's long-term growth strategy.

He will also continue the deployment and adoption of the Vertiv Operating System (VOS).

Columbus – October 12, 2026 -- Vertiv (NYSE: VRT) named 11 channel partners as 2025 North America Partner Award recipients, with World Wide Technology (WWT) taking the top Partner of the Year honor for year-over-year growth and continued investment in joint AI strategy. Winners were selected on 2025 results, growth trajectory and customer impact.

WWT wins top award on AI factory deployments

WWT's successful AI factory deployments and the integration of Vertiv technologies into its Advanced Technology Center accelerated AI solution innovation and deepened customer engagement, according to Vertiv. Alex Johnson, Vice President, North America Channel Sales, said demand for "high-density, AI-ready environments" is growing and partners are helping customers deploy scalable infrastructure faster.

Mexico City – October 12, 2026 -- NEXT Properties (Trust 2401) has amended its exchange offers for four series of outstanding notes, making each offer conditional on the issuance of at least US$450,000,000 in new notes, following feedback from large institutional holders.

NEXT Properties sets two US$450 million floors for new 2036 and 2056 notes

The exchange offers, launched on October 8, 2026, cover any and all of the Trust's 7.700% Senior Sustainability-Linked Notes due 2032, 7.375% Senior Green Notes due 2034, 6.950% Senior Notes due 2044 and 6.390% Senior Notes due 2050.

Holders of the 2032 and 2034 notes can exchange into new Senior Sustainability-Linked Notes due 2036. Holders of the 2044 and 2050 notes can exchange into new Senior Sustainability-Linked Notes due 2056.

Singapore – October 12, 2026 -- NEU Battery Materials has closed an oversubscribed US$7.6 million funding round to scale the recovery of battery-grade lithium from lithium iron phosphate (LFP) batteries, following the commissioning of its 1,300-ton-per-year Singapore factory.

Shift4Good and SGInnovate co-lead the round with new and existing backers

Shift4Good, a venture capital platform investing in the decarbonisation and resilience of transport and energy, and SGInnovate, a Singapore government-backed Deep Tech investor, co-led the financing. New investors Lotus Singapore Group and M7 Holdings joined, as did existing backer Paragon Ventures I.

The capital will fund the ramp-up of battery-grade lithium production from LFP feedstock, including cathode production scraps and end-of-life black mass. It will also fund international expansion.

PUNE – – October 12, 2026 -- The global robotics market will grow from USD 92 billion in 2025 to USD 480.1 billion by 2034, a compound annual growth rate of 20.15% over 2026–2034, according to a new analysis by Maximize Market Research.

The firm attributes the expansion to industrial automation, adoption of AI-powered robots, advances in smart manufacturing and rising demand from automotive, electronics, healthcare and logistics. Demand spans industrial robots, collaborative robots (cobots), autonomous mobile robots (AMRs), automated guided vehicles (AGVs), service robots and humanoid robots. The report covers 154 data tables across 327 pages.

Dallas – October 12, 2026 -- Japan recorded more publicly disclosed cybersecurity incidents in the first nine months of 2026 than in all of 2025, according to TrendAITM Forward-Looking Threat Research data. TrendAITM, the enterprise business unit of Trend Micro Incorporated (TYO: 4704), issued a threat advisory for Japanese organizations after a senior ruling-party lawmaker declared that "cyberspace is in a state of emergency."

September incidents rise 37% from July to 86

September alone saw 86 incidents, about 18% more than August and 37% more than July. Masaaki Taira, who chairs the Liberal Democratic Party's National Cybersecurity Strategy Headquarters, made the emergency statement. The headquarters met on Oct. 9 and called on the government to strengthen public-private cooperation.