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Benzinga
Benzinga
Business
Akanksha Bakshi

Eaton's Latest Acquisition To Modernize EV Charging Infrastructure

Burlington,,On,,Canada,-,November,8,,2020:,Eaton,Company,Sign

Eaton Corp. (NYSE:ETN) on Wednesday announced it is strengthening its foothold in the energy transition space by acquiring Resilient Power Systems Inc., a U.S.-based firm known for cutting-edge solid-state transformer technology used in high-power direct current (DC) systems.

The deal, expected to close in the third quarter of 2025, will give Eaton access to Resilient's specialized solutions designed to modernize EV charging infrastructure and support power distribution in data centers and battery energy storage systems.

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