Dycom to buy Power Solutions for $1.95 bn in data-center push
Dycom announced a $1.95-billion deal to acquire Power Solutions, expanding its footprint in the fast-growing data-center market. The unit will keep its brand and management. Dycom also posted a 14% revenue jump to $1.45 billion and a 35% EPS rise in Q3, while raising its full-year outlook. Shares rose 6.6% premarket.