Eaton Corporation plc is an American-Irish-domiciled[2] multinational power management company, with a primary administrative center in Beachwood, Ohio.
Eaton officers believed the quickest way to grow the business was through acquisitions and began buying companies in the automotive industry.
[5][6][citation needed] Eaton's businesses are divided into the following sectors: The electrical sector's products include circuit breakers, switchgear, busway, UPS systems, power distribution units, panel boards, load centers, motor controls, meters, sensors, relays, PLCs, HMIs, and inverters.
This acquisition brought Delta's brands Holec, MEM, Tabula, Bill and Elek under the Eaton nameplate[11] with the previous Westinghouse divisions and gave the company manufacturing facilities to meet IEC standards, one of the steps to become a global company and developing a worldwide standard.
Soon after this acquisition, Eaton entered a joint venture with Caterpillar Inc. and purchased 51% of I & S operations, now known as Intelligent Switchgear Organization, LLC.
Initial products were internally developed PDU's and RPP's under the Powerware brand and included the PowerXpert metering system.
It acquired Aphel Technologies Ltd., a manufacturer of power distribution product for data centers based in Coventry, UK.
[14] Shortly after, it added Pulizzi Engineering Inc., a manufacturer of mission critical power distribution based in Santa Ana, California.
A Taiwanese manufacturer, Phoenixtec, was also acquired giving the company the highest share in the Chinese single-phase UPS market.
President and COO of Electrical Sector, Eaton Uday Yadav said "The acquisition of Tripp Lite will enhance the breadth of our edge computing and distributed IT product portfolio and expand our single-phase UPS business."
[19] Eaton's hydraulics business, manufacturing systems and components for the agriculture, construction, mining, forestry, utility, material handling, machine tools, molding, power generation, primary metals, and oil and gas markets, was acquired by Danfoss in August 2021 for $3.3 billion.
Back when Eaton Corp was struggling with bankruptcy, various employees on long-term benefits suddenly found themselves terminated.
[26][27][25] In 2012, the acquisition of Cooper Industries made it possible for Eaton Corp to become an Irish company, which would sharply lower its corporate tax rate.
[29] In 2004, Eaton Corp sued Triumph Group for trade secrets theft, but when it was discovered that the company's lawyers were paying former Hinds County District Attorney Ed Peters to improperly influence then-Hinds County Circuit Judge Bobby DeLaughter, the defendants countersued.