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Eaton signs agreement to acquire Resilient Power Systems Inc.

• Acquisition offers differentiated technology in fast-growing markets with future applications in data centers and energy storage

DUBLIN--(BUSINESS WIRE)-- Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Resilient Power Systems Inc., a leading North American developer and manufacturer of innovative energy solutions, including solid-state transformer-based technology.

鈥淩esilient鈥檚 medium voltage solid-state transformers are a next-generation solution in high-power, direct current (DC) applications in the electric vehicle (EV) market 鈥� and there鈥檚 huge opportunity for future applications in data centers, port electrification and battery energy storage,鈥� said Mike Yelton, president, Americas Region, Electrical Sector. 鈥淏y leveraging Eaton鈥檚 manufacturing capabilities, field service organization and commercial scale, we鈥檙e confident we can expand the market for this innovative technology to data center and other customers looking to move faster, minimize costs and improve power distribution efficiency and reliability.鈥�

Resilient Power Systems Inc., based in Austin, Texas and backed by venture capital firms including Energy Transition Ventures, develops and manufactures innovative energy solutions that rewrite the electric grid. Today, its line of ultra-compact EV charging depots connect directly to the existing distribution grid allowing clients to deploy EV fleet and public charging stations quickly and efficiently. And in the future, Resilient鈥檚 highly differentiated technology has additional application potential for data centers, enabling customers to increase power density and revenue generation.

The transaction, which is subject to customary closing conditions, is expected to close in the third quarter of 2025.

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power 鈹� today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we鈥檙e helping to solve the world鈥檚 most urgent power management challenges and building a more sustainable society for people today and generations to come.

Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit . Follow us on .

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Jennifer Tolhurst

+1 (440) 523-4006

[email protected]

Source: Eaton