Mitsubishi Electric US to acquire power device distribution business of Powerex

Mitsubishi Electric US signed an agreement to acquire the power device distribution business of Powerex, Inc., a joint venture of Mitsubishi Electric Corporation and General Electric. The agreement is expected to close in January 2018.

“This agreement strengthens support for our users in the U.S., especially those that manufacture globally.”einpresswire.com

• 1 source
• einpresswire.comMitsubishi Electric US, Inc. has signed an agreement to acquire the Power Device Distribution Business of Powerex, Inc.Nov 8, 2017

Summarized from public sources; check the original articles before acting on it.