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home / news releases / AEIS - Advanced Energy buys Versatile Power


AEIS - Advanced Energy buys Versatile Power

Advanced Energy (AEIS) acquires Versatile Power, a Campbell, California-based radio frequency provider, and programmable power supplies for medical and industrial applications.This acquisition expands AE’s presence in the medical market by adding proven technologies, deep customer relationships, and a technical team with expertise in medical design and a medical-certified manufacturing center.AEIS expects the acquisition to be accretive to earnings within this year.Terms of the acquisition were not disclosed.

For further details see:

Advanced Energy buys Versatile Power
Stock Information

Company Name: Advanced Energy Industries Inc.
Stock Symbol: AEIS
Market: NASDAQ
Website: advancedenergy.com

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