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Slide #24. Advanced Energy Industries, Inc. — AEG Power Control Modules Product Line
Advanced Energy Industries, Inc. (NASDAQ:AEIS)
AEG Power Control Modules Product Line
Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced it has acquired the assets of AEG Power Solutions GmbH line of Power Control Modules. Owned by 3WPower (ticker symbol on Frankfurt Stock Exchange: 3W9), AEG PS's Power Control Modules business is the second largest supplier in its served market. It is comprised of the Thyro-Family of products and accessories and serves numerous power control applications in different industries ranging from materials thermal processing through chemical processing, glass manufacturing and numerous other general industrial power applications. AEG's advanced Power Control Modules provide precision power control through advanced communication and control algorithms. The Thyro-Family product line offers clean and controlled power combined with extensive technical and applications support. This acquisition is expected to accelerate Advanced Energy's revenue and profitability over time.
Advanced Energy Industries designs, manufactures, sells and supports precision power products that transform, refine and modify the raw electrical power from the utility and convert it into various types of usable power that is predictable, repeatable and customizable. Co.'s power products are solutions that are designed to deliver precise power, control and measurements of processes used in a set of applications in semiconductor device manufacturing, thin film deposition of materials, thermal power control, instrumentation and gas detection and monitoring. Co.'s embedded power products are solutions designed to provide power in applications across industrial technology applications.
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Buy (2.62 out of 4)