# 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.

- Type: Acquisition
- Announced: 2019-05-15
- Where: United States
- Value: $400.0M
- Status: announced
- Products: power supplies, power conversion solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Platinum Equity](https://endata.com/companies/1087.md) (investor)
- [Advanced Energy Industries](https://endata.com/companies/19013.md) (acquirer)
- [Artesyn Embedded Technologies](https://endata.com/companies/39369.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2019/05/15/1824395/15642/en/Advanced-Energy-to-Acquire-Artesyn-Embedded-Power.html), 2019-05-15: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.