About Tripp Lite
Tripp Lite is a company based in Chicago (United States) founded in 1922 was acquired by Eaton in January 2021.. Tripp Lite has completed 1 acquisition, including Minicom Advanced Systems. Tripp Lite operates in a competitive market with competitors including d-Matrix, Black Box, APC, Cornelis Networks and One Stop Systems, among others.
- Headquarter Chicago, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Eaton
(Jan 29, 2021)
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Funding Insights of Tripp Lite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tripp Lite
Tripp Lite has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Eaton. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Electrical, hydraulic, and mechanical power management solutions are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tripp Lite
Tripp Lite has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Minicom Advanced Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Advanced IT connectivity and digital signage solutions are provided.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Tripp Lite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tripp Lite Comparisons
Competitors of Tripp Lite
Tripp Lite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as d-Matrix, Black Box, APC, Cornelis Networks and One Stop Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital in-memory compute engines are developed for efficient AI processing.
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| domain | founded_year | HQ Location |
Data center equipment is supplied for enterprise operations optimization.
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| domain | founded_year | HQ Location |
APC is recognized for providing uninterruptible power solutions.
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| domain | founded_year | HQ Location |
IT service suite solutions are provided for high-performance computing environments.
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| domain | founded_year | HQ Location |
High-performance compute appliances are offered and customized for intensive applications.
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| domain | founded_year | HQ Location |
Data center management products
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tripp Lite
Frequently Asked Questions about Tripp Lite
When was Tripp Lite founded?
Tripp Lite was founded in 1922.
Where is Tripp Lite located?
Tripp Lite is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Tripp Lite?
Elbert Howell is the current CEO of Tripp Lite.
What does Tripp Lite do?
Tripp Lite was founded in 1922 in Chicago, United States, and operates within the data center peripherals sector. Racks, PDUs, cooling equipment, surge protectors, cables, console servers, power strips, and power management tools are manufactured and distributed through third-party channels. These items support applications for laptops and servers across industries including healthcare and education.
Who are the top competitors of Tripp Lite?
Tripp Lite's top competitors include Black Box, d-Matrix and NetRack Enclosures.
How many acquisitions has Tripp Lite made?
Tripp Lite has made 1 acquisition, including Minicom Advanced Systems.
Who are Tripp Lite's investors?
Tripp Lite has 1 investor. Key investors include Eaton.