With a vision to boost innovation, the state-of-the art engineering facility will support Vertiv product development and next generation Vertiv products
Mumbai, India [June 29, 2022] –Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has announced the unveiling of its new state-of-the-art global research and development (R&D) center in Pune, India. In line with the company’s vision to boost innovation, the new expansive facility is equipped with advanced lab facilities that will support Vertiv product development and next generation Vertiv products.
Located in Viman Nagar, the heart of the city, and spread over 30,000 square feet, the new facility is a strategic step towards expanding Vertiv’s presence in India and investing in the immense talent pool across the country. The global R&D center will support six new lines of business as well as shared design services for Infrastructure and Services and Integrated Rack Solutions.
The new facility was inaugurated on-site by Vertiv executives, including Steve Blackwell, vice president of global engineering and Subrahmanyam Jana, senior director, global engineering; and virtually by Vertiv CEO Rob Johnson. The occasion was celebrated with a grand opening that included employee activities, a townhall with the leadership team and a dinner. Employees with long service tenure were also celebrated.
“Vertiv continues in its strategy to build regional innovation centers, allowing us to leverage regional expertise while growing our capabilities,” said Johnson. “We’re looking forward to the contributions this new team will make to our R&D program.”
“India is an important market for Vertiv, and we have been working towards expanding our presence in the country. Our new R&D center in Pune is in line with this vision. With our customers at the heart of what we do, we aim to continue developing industry-leading products and services to cater to their ever-evolving needs. All this, backed by the most advanced technological capabilities driven out of the new facility,” said Jana. “At Vertiv, we are laser-focused on innovation and we are very excited for what’s in store.”
For more information on Vertiv and its complete portfolio of digital infrastructure and continuity solutions, visit Vertiv.com.
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 Columbus, Ohio, USA, Vertiv employs approximately 24,000 people and 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.
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