Jabil, an engineering, supply chain and manufacturing solutions provider, has acquired Hanley Energy Group, a provider of energy management and critical power solutions serving the data center infrastructure market.
This $725 million all-cash transaction includes a contingent consideration up to $58 million.
“Data center power management will only become more critical as hyperscalers ramp the availability of their AI [artificial intelligence] technologies,” said Ed Bailey, Jabil’s senior vice president and chief technology officer, intelligent infrastructure. “This acquisition of Hanley Energy Group, coupled with our growing thermal management capabilities, aligns well with Jabil’s strategy to deliver custom solutions for the world’s AI leaders across the data center lifecycle.”
Founded in 2009, Hanley Energy Group’s footprint has grown to 13 locations across the globe, with a stable of world-class engineers shared between its European headquar
