Story image

Emerson Network Power officially rebrands, hires new CEO

02 Dec 16

It’s the dawn of a new day for Emerson Network Power after officially commencing its rebrand as Vertiv.

Platinum Equity acquired the business from Emerson in a transaction valued in excess of $4 billion.

Vertiv is a global provider of mission-critical infrastructure technologies for vital applications in data centers, communication networks, and commercial and industrial environments.

The company has more than 20,000 employees and more than 25 manufacturing and assembly facilities worldwide.

As well as the official rebrand, Rob Johnson has been appointed as the new CEO of Vertiv.

Prior to his appointment, Johnson was an operating partner at Kleiner Perkins Caufield & Byers and spent 10 years at American Power Conversion (APC), a leader in data center infrastructure.

Bryan Kelln, partner and president of portfolio operations at Platinum Equity, says Johnson’s leadership skills and technical expertise make him a perfect fit to lead Vertiv.

“Rob has a unique blend of industry knowledge, operational acumen and entrepreneurial spirit,” he says.

“This is a transformational opportunity for the company and we believe Rob is the right leader to grow the business as we establish a culture focused on speed, innovation and customer service.”

Kelin explains that Johnson knows the technology inside out, especially in data center environments, and understands what customers need.

“He knows what it takes as a CEO to inspire employees and lead a profitable, global enterprise. He’s also an innovator who shares our vision for what Vertiv can become as a standalone business.”

Johnson says the transition to new ownership provides a unique opportunity for the company.

“It’s a fresh start for a business that already has so much going for it. I look forward to working with my new colleagues at Vertiv as we begin this transformational chapter in the company’s history,” he explains.

“As an independent company, Vertiv will operate with great freedom to make business strategy and investment decisions, move more quickly like a startup, and focus on innovative solutions for our customers, including those in the growing cloud computing, mobile and IoT networks.”

Hillstone CTO's 2019 security predictions
Hillstone Networks CTO Tim Liu shares what key developments could be expected in the areas of security compliance, cloud, security, AI and IoT.
Can it be trusted? Huawei’s founder speaks out
Ren Zhengfei spoke candidly in a recent media roundtable about security, 5G, his daughter’s detainment, the USA, and the West’s perception of Huawei.
Oracle Java Card update boosts security for IoT devices
"Java Card 3.1 is very significant to the Internet of Things, bringing interoperability, security and flexibility to a fast-growing market currently lacking high-security and flexible edge security solutions."
How SMBs can use data to drive business outcomes
With the right technology, companies can capture consumer, sales, and expense data, and use it to evaluate and construct future plans.
Survey shows that IoT is RoI across Asia Pacific
A recent Frost & Sullivan survey across Australia, Hong Kong and Singapore shows that IoT deployment improves business metrics by around 12%.
IDC: Aussie spending on IT Services to hit $23.5B by 2023
the project-oriented market which is predicted to achieve the highest CAGR through to 2023; though no market is expected to decline
Sophos hires ex-McAfee SVP Gavin Struther
After 16 years as the APAC senior vice president and president for McAfee, Struthers is now heading the APJ arm of Sophos.
Security platform provider Deep Instinct expands local presence
The company has made two A/NZ specific leadership hires and formed several partnerships with organisations in the region.