Semiconductors M&A » By The Online Investor Staff, updated Wed., May. 8, 8:30 PM
Recent mergers and acquisitions in the Semiconductors M&A category.
Slide #88. Advanced Energy Industries, Inc. — REFUsol Holding GmbH
Acquirer: |
Advanced Energy Industries, Inc. (NASDAQ:AEIS) |
Acquiree: |
REFUsol Holding GmbH |
Details: |
Advanced Energy Industries, Inc. (Nasdaq:AEIS) today announced it has acquired REFUsol Holding GmbH, a leading provider of three-phase string solar PV inverters for commercial applications. Three-phase string inverters are ideally suited for rooftop and potentially larger installations and are becoming one of the fastest-growing inverter applications worldwide. This acquisition is expected to accelerate Advanced Energy's Solar Energy revenue to greater than $400 million in 2014 and should be accretive to earnings in the next 12 months. |
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 usable power. Co. serves original equipment manufacturers and end customers in a range of semiconductor and industrial technology applications with a range of embedded power products. Co.'s embedded power products are solutions designed to provide power in applications across a variety of industrial technology applications such as telecommunication and networking equipment, data center servers and storage systems, medical equipment, robotics, motion control and test and measurement equipment.
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May 8, 2024 8:30 PM Eastern
Buy (2.67 out of 4)
13rd percentile
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