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Perimeter Solutions Soars 2.76% on Powell Industries' Acquisition!

Wednesday, Jul 16, 2025 2:41 pm ETmin read

Aime Summary

- Perimeter Solutions' shares climbed 2.76% after Powell Industries announced its acquisition plans.

- The deal values Perimeter at $1.2B, signaling strategic interest in its cybersecurity and IoT infrastructure assets.

- Analysts highlight synergies for Powell's tech portfolio expansion but note regulatory hurdles and integration risks.

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