Key facts: Eaton's Data Center Backlog Soars to $470B; $9.5B Acquisition Planned
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- Eaton's backlog for data center projects surged from $150 billion to $470 billion, fueling a 50% growth in its data center business and a 55% rise in orders in Q2.1
- Eaton Corporation plans to acquire Boyd Corporation's thermal business for $9.5 billion, enhancing data center solutions with liquid cooling technology, expected to generate $1.7 billion in 2026.23