Advanced Energy Acquires Versatile Power
DENVER--(BUSINESS WIRE)--Advanced Energy (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that it has completed the acquisition of Versatile Power, a Campbell, California-based provider of radio frequency (RF) and programmable power supplies for medical and industrial applications. This strategic acquisition further expands AE’s presence in the medical market by adding proven technologies, deep customer relationships, and a talented technical team with expertise in medical design and a medical-certified manufacturing center.
“Versatile Power brings a long history in providing RF power supplies f
