Mitsubishi Electric to Acquire U.S.-based Computer Protection Technology
Aiming to fortify uninterruptible-power-source business in North The united states
TOKYO, February 25, 2022–(BUSINESS WIRE)–Mitsubishi Electric powered Corporation (TOKYO: 6503) introduced right now that its U.S. subsidiary Mitsubishi Electric Electric power Items, Inc. (MEPPI) has formally agreed to acquire all shares of Personal computer Safety Technology, Inc. (CPT), headquartered in San Diego, California, aiming to increase its uninterruptible electricity source (UPS) business in North America. Going forward, MEPPI and CPT will strengthen their respective business constructions to present really trusted and qualified one-cease services—from set up to maintenance—for UPS methods in the North American market place.
Demand from customers for UPS has been growing promptly in parallel with growing wants for details facilities thanks to the rising popularization of cloud services, cell gadgets and major knowledge. Facility and support operators depend critically on steady UPS machines operation and the potential of UPS companies to reply quickly to any emergency.
As a proven UPS routine maintenance firm, CPT has very long acquired the believe in of buyers in the increased California location. By obtaining CPT, Mitsubishi Electrical expects to leverage its newly broadened capabilities in get to improve its UPS business in the increasing North American marketplace.
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