Vertiv expands integrated business services center in Pune to support technological advancement for global data center demands

PUNE, India [January 09, 2025] - Vertiv (NYSE: VRT), a global leader in critical digital infrastructure and continuity solutions, recently announced the expansion of its integrated business services center in Pune, India. Designed to meet the escalating demand for data centers both in India and globally, this cutting-edge facility will be the center for technological advancement and innovation. The state-of-the-art center spans advanced laboratories and robust infrastructure, offering a world-class environment for over 1,000 engineers. This milestone solidifies Vertiv's commitment to delivering next-generation solutions that address the complex needs of an evolving digital ecosystem.

The new Pune center strengthens the company's global presence, creating over 1,000 engineering roles and offering opportunities for India's skilled professionals. Beyond direct employment, the center is expected to stimulate indirect job opportunities through collaborations with local suppliers, vendors, and service providers, underscoring the brand's commitment to driving economic growth and innovation.

Commenting on the inauguration, Vertiv CEO, Giordano (Gio) Albertazzi said, "India offers tremendous opportunities as a global hub for technology and innovation and is key for Vertiv's global growth in these areas. The launch of our integrated business services center expands our presence in India and helps in our commitment to deliver transformative solutions that drive progress on a global scale."

Reflecting on the launch, Subhasis Majumdar, Managing Director, Vertiv India, shared, "India is an important player in the rapidly expanding data center industry, and we at Vertiv are excited to be a driving force behind this growth. Our new integrated business services center in Pune will help in our goal of creating world-class solutions designed to meet India's evolving needs and the demands of global markets. The center will help to generate employment opportunities for the talented local market by hiring engineers and support staff and will help to empower the next generation to contribute to the growth of this industry. With our industry-leading focus on innovation, we're setting the stage to support remarkable industry growth and deliver impactful, customer-centric technology solutions that shape the future."

About Vertiv

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today's data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Readers are referred to Vertiv's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.