Advanced Energy to acquire Artesyn Embedded Power for $400M

Advanced Energy Industries has entered into a definitive agreement to acquire the Embedded Power business of Artesyn Embedded Technologies from Platinum Equity for approximately $400 million. The acquisition will create a $1.3 billion power conversion company.

“Advanced Energy Industries, Inc. today announced that it has entered into a definitive agreement to acquire the Embedded Power business of Artesyn Embedded Technologies, Inc. (Artesyn EP) from Platinum Equity.”globenewswire.com

• 1 source
• globenewswire.comAdvanced Energy to Acquire Artesyn Embedded PowerAdvanced Energy Industries, Inc.May 15, 2019

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