Legrand Announces Agreement to Acquire Raritan

Legrand, North America announced that a definitive agreement has been signed to acquire Raritan, a New Jersey-based company specializing in data center infrastructure solutions.  The scope of the acquisition would include Raritan’s intelligent power and KVM businesses, while its Data Center Infrastructure Management (DCIM) software business would spin off into Sunbird

Software, a new company and strategic partner of Raritan to be chaired by Ching-I Hsu, CEO and founder of Raritan.

The transaction is expected to be completed upon the satisfaction of agreed closing conditions, including the receipt of all required consents and US and foreign regulatory approvals. If approved, it is anticipated that following closing, Raritan would operate as an independent business within Legrand.

After closing, Sunbird Software would operate as an independent business separate from Raritan and would remain focused on its pragmatic approach to delivering successful DCIM deployments for data center customers worldwide. Herman Chan, current Raritan SVP Marketing and GM DCIM will become President of Sunbird Software, the press release said.