American Made Advocacy: A Growing Presence in Washington in Turbulent Times
It’s Only Common Sense: How to Win Back Lost Customers
Punching Out: M&A North American PCB and EMS Deals for the First Half of 2025
Advanced Energy Acquires Airity Technologies
June 24, 2024 | BUSINESS WIREEstimated reading time: Less than a minute
Advanced Energy Industries, Inc., a global leader in highly engineered, precision power conversion, measurement and control solutions, today announced the acquisition of Airity Technologies, a Redwood City, California-based provider of next-generation, high voltage power conversion products and technologies for applications in semiconductor, industrial and medical markets.
Airity Technologies adds a portfolio of Gallium Nitride (GaN) based high frequency, power conversion and pulsing technologies, which enable a step function improvement in power density and response time. Leveraging Airity’s proven technologies, Advanced Energy will address a broader range of applications in its target markets.
“The acquisition of Airity Technologies extends our technology leadership and will accelerate our innovation in the precision power conversion market,” said Steve Kelley, Advanced Energy’s president and chief executive officer. “We have worked closely with the Airity team over the past year and are very excited that they will be joining Advanced Energy.”
The company expects the acquisition to be immaterial to 2024 financial forecasts. Terms were not disclosed.
Share on:
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
HyRel’s Brian Watson Named Candidate for SMTA Board of Directors
07/25/2025 | HyRelHyRel Technologies, a global provider of quick turn semiconductor modification solutions, is proud to announce that its Founder, Brian Watson, has been named a 2025 candidate for the SMTA Board of Directors.
Exro Provides Update on Facility Milestones
07/17/2025 | PRNewswireExro Technologies Inc., a leading clean technology company specializing in power control solutions for electric vehicles and energy storage, provides a further update on the satisfaction of the near-term strategic milestones established in connection with the company's US$30 million credit facility announced on May 16, 2025.
Flexible Circuit Technologies Welcomes Regional Business Development Manager Derek Rossberg
07/15/2025 | Flexible Circuit TechnologiesFlexible Circuit Technologies a Minnesota-based flexible circuit and advanced electronics contract manufacturer, welcomes Derek Rossberg as Regional Business Development Manager.
TTM Technologies Prepares For the Future with the Acquisition of a Facility in Wisconsin and Land in Penang
07/10/2025 | Globe NewswireTTM Technologies, Inc., a leading global manufacturer of technology solutions including mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, quick-turn and technologically advanced printed circuit boards (PCB), announced the acquisition of a 750,000-square-foot facility in Eau Claire, Wisconsin, as well as land rights for an additional future manufacturing site in Penang, Malaysia.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
06/13/2025 | Marcy LaRont, I-Connect007Today is Friday the 13th, and in much of Western folklore, this is a day when bad luck is lurking. But while Friday the 13th may top Western superstition charts, the global calendar is sprinkled with its own unlucky legends. In Spain and Greece, the bad juju lands on Tuesday the 13th—a day linked to Mars, the god of war, and naturally, chaos. In Italy, it’s Friday the 17th that is feared, thanks to the Roman numeral XVII, which can be rearranged to spell VIXI—Latin for “I have lived” (a poetic way of saying you’re dead).