Advanced Energy buys specialist HV supply maker Trek for $12m

Advanced Energy buys specialist HV supply maker Trek for $12m

Business news |
By Nick Flaherty

Trek, headquartered in New York but owned by its Japanese subsidiary, designs, manufactures and sells high-voltage amplifiers, power supplies & generators, high-performance electrostatic measurement instruments and electrostatic discharge (ESD) sensors and monitors.

The systems are used in industry and research in aerospace, automotive, electronics, electrostatics, materials, medical, military, nanotechnology, photovoltaic/solar, physics, plasma, semiconductor and test & measurement applications.

“Today’s acquisition is part of our strategic initiative to grow our Industrial business,” said Yuval Wasserman, president and CEO of Advanced Energy, based in Fort Collins, Colorado. “Trek is our third acquisition of high-voltage products ─ adding to our Specialty Power product offerings and expanding our global organization and addressable market.” 

Advanced develops power and control technologies for precision power thin films processes and industrial applications


If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles