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In 1965, Liebert founded Liebert Corporation as the first manufacturer air conditioning units with temperature and humidity controls specific for computer room applications. [3] In 1977, Liebert launched Conditioned Power Corporation to design and manufacture power distribution, conditioning and monitoring systems for the data processing industry.
In 2023, Vertiv's share price increased 252%, outperforming all companies in the S&P 500 index. [21] The company's market capitalization was valued at over $44 billion as of January 2025. [ 22 ]
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By 2008, a report by the United States Department of Energy ranked the firm as fifth in the US in the central air conditioner and heat pump market with a 12% market share (behind UTC/Carrier with 27%, both Goodman/Amana and American Standard/Trane with 14% and Lennox with 12%), while in the residential gas furnace market as of 2008, the company ...
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