Tripp Lite
| Company type | Private |
|---|---|
| Industry | Electrical equipment |
| Founded | 1922 |
| Headquarters | Chicago , United States |
| Products | UPS units, replacement batteries for UPS systems, surge protector devices, electrical cables and connectors, power inverter units, KVM switches, power strips, PDUs, rack enclosures and cooling solutions, power management software, laptop accessories, audio and video equipment |
Number of employees | 450+ |
Tripp Lite is a U.S.-based producer specializing in power protection and electrical connectivity solutions. Established in 1922, the company is headquartered in Chicago, Illinois. With a workforce exceeding 450 employees, Tripp Lite distributes its products through sales networks spanning over 80 countries. Its extensive range includes UPS units, replacement batteries for UPS systems, surge protector devices, various electrical cables and connectors, power inverter units, KVM switches, power strips, PDUs, rack enclosures and cooling solutions, power management software, accessories for laptops, along with audio and video equipment. The company maintains ISO 9001 certification.
History
As the cloud computing industry expanded, Tripp Lite grew in parallel, with its offerings commonly utilized within data center environments.
In 2020, the firm initiated legal action against tariffs imposed by the initial Trump administration on imports from China.
By April of the same year, executive Barre Seid gained complete ownership of Tripp Lite and subsequently transferred it to the nonprofit organization Marble Freedom Trust. This entity is overseen by Leonard Leo, an influential figure in advancing conservative appointments within the U.S. federal judiciary. In March 2021, Marble Freedom Trust completed the sale of Tripp Lite to Eaton Corporation for $1.65 billion, a transaction that resulted in considerable tax advantages.