Columbus – October 12, 2026 -- Vertiv (NYSE: VRT) has appointed Frieda He as Chief Procurement Officer, placing a executive who oversaw more than $3 billion in annual global spend at Polestar in charge of its global procurement organization.

He will focus on strengthening supply chain resilience, enabling growth, optimizing cost and value, and driving supplier quality. Her remit covers Vertiv's portfolio of end-to-end power and thermal management solutions for data centers, communications networks, and commercial and industrial applications.

Columbus – – October 12, 2026 -- Vertiv (NYSE: VRT) has acquired Strategic Thermal Labs LLC (STL), a specialist in advanced liquid-cooling technologies, to strengthen its engineering capability where server-side liquid cooling meets supporting infrastructure in AI and high-performance computing environments. Financial terms were not disclosed.

Columbus, Ohio – October 12, 2026 -- Vertiv has deployed a three-rack SmartIT integrated AI infrastructure configuration at the Naval Postgraduate School (NPS) to support the school's new NVIDIA DGX GB300 system, converting an existing facility into a high-density, liquid-cooled environment.

Columbus, Ohio – October 12, 2026 -- Vertiv Holdings Co. has agreed to acquire microgrid specialist Utility Innovation Holdings, operating as UtilityInnovation Group (UIG), for about $1.45 billion in cash at closing, plus up to $1.15 billion in additional cash tied to EBITDA targets over 12- and 24-month periods.

Vertiv's wholly-owned subsidiary, Vertiv Corporation, signed the merger agreement. If the full earnout is paid, total consideration could reach $2.6 billion.

Columbus – October 12, 2026 -- Vertiv (NYSE: VRT) named 11 channel partners as 2025 North America Partner Award recipients, with World Wide Technology (WWT) taking the top Partner of the Year honor for year-over-year growth and continued investment in joint AI strategy. Winners were selected on 2025 results, growth trajectory and customer impact.

Mexico City – October 12, 2026 -- NEXT Properties (Trust 2401) has amended its exchange offers for four series of outstanding notes, making each offer conditional on the issuance of at least US$450,000,000 in new notes, following feedback from large institutional holders.

Las Vegas – October 12, 2026 -- Red Rock Resorts, Inc. (NASDAQ: RRR) will release its third-quarter 2026 financial results on Tuesday, November 3, 2026, and host a conference call the same day at 4:30 p.m. ET (1:30 p.m. PT).

Shanghai – October 12, 2026 -- Shanghai Ark Biopharmaceutical (ArkBio) has received U.S. Food and Drug Administration clearance of its investigational new drug application for AK0406, allowing a phase II trial of the long-acting antiviral drug-Fc conjugate for influenza prevention in the general U.S. population.

Austin, Texas – October 12, 2026 -- Aeon Industrial has placed more than 10,000 of its MERC high-voltage electronic safe-and-arm devices into production, one of several milestones behind its selection to the inaugural 2026 Austin Deep Tech 50.

Aeon wins eight-figure defense contract and Army interceptor selection

The vertically integrated defense manufacturer secured a key eight-figure defense contract in recent weeks. It was also selected for the U.S. Army's interceptor challenge with its layered air and missile defense architecture.

Kansas City – October 12, 2026 -- Rosnet, the restaurant data and operations platform serving 84 franchise brands across more than 6,000 locations, has moved into a new purpose-built headquarters in Kansas City's Northland after years in an underground business park in Parkville, Missouri.