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Stock impact report

Advanced Energy Acquires Airity Technologies [Yahoo! Finance]

Advanced Energy Industries, Inc. (AEIS) 
Last advanced energy industries, inc. earnings: 2/18 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.advanced-energy.com/node/5806
Company Research Source: Yahoo! Finance
DENVER, June 24, 2024 BUSINESS WIRE )--Advanced Energy Industries, Inc. (Nasdaq: AEIS), 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 hav Show less Read more
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