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Eaton acquired Boyd Thermal, a data center thermal systems maker, for $9.55 billion on March 12, 2026

Boyd Thermal makes thermal components, systems and ruggedized solutions for data center, aerospace and other end-markets, and employs more than 6,000 people. It is reported in the Electrical Global segment. Eaton's cash paid for acquisitions was $11,079 million in the first nine months of 2026.

Size
$9.55 bn
Companies
Boyd Thermal, Eaton
Source
Eaton Corp plc 10-Q, filed Nov 3, 2026
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