Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Power Integrations Inc    POWI

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Power Integrations, Inc. : Power Integrations Completes Acquisition of CT-Concept Technologie AG

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/08/2012 | 09:05am CEST

Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that it has completed the acquisition of CT-Concept Technologie AG (known as CONCEPT), effective May 1.

Founded in 1986 and based in Biel, Switzerland, CONCEPT is a developer of highly integrated, energy-efficient drivers for high-voltage IGBT modules. The company's products are used in a range of high-voltage power-conversion applications including industrial motor drives, renewable energy generation, electric trains and trams, high-voltage DC transmission, electric cars and medical equipment. CONCEPT employs approximately 65 people and holds 14 patents with additional patents pending. CONCEPT's management team and employees will remain at the company's Biel headquarters, which will serve as Power Integrations' center of excellence for high-voltage driver design.

Balu Balakrishnan, president and CEO of Power Integrations, commented: "The acquisition of CONCEPT expands our footprint in the high-voltage power-conversion market, enabling us to bring the same benefits of integration - reliability, efficiency and ease of design - to high-power systems that we have long brought to lower-power applications. CONCEPT is an ideal strategic fit for us and we are delighted that they are now part of our company."

About Power Integrations

Power Integrations, Inc., is a Silicon Valley-based supplier of high-performance electronic components used in high-voltage power-conversion systems. The company's integrated circuits and diodes enable compact, energy-efficient AC-DC power supplies for a vast range of electronic products including mobile devices, TVs, PCs, appliances, smart utility meters and LED lights. CONCEPT IGBT driver systems enhance the efficiency, reliability and cost of high-power applications such as industrial motor drives, solar and wind energy systems, electric vehicles and high-voltage DC transmission. Since its introduction in 1998, Power Integrations' EcoSmart® energy-efficiency technology has prevented billions of dollars' worth of energy waste and millions of tons of carbon emissions. Reflecting the environmental benefits of the company's products, Power Integrations' stock is included in the NASDAQ® Clean Edge® Green Energy Index, The Cleantech Index®, and the Ardour Global IndexSM. For more information, including design-support tools and resources, please visit www.powerint.com; visit Power Integrations' Green Room for a comprehensive guide to energy-efficiency standards around the world.

Power Integrations, EcoSmart and the Power Integrations logo are trademarks or registered trademarks of Power Integrations, Inc. All other trademarks are property of their respective owners.

Power Integrations, Inc.
Investors:
Joe Shiffler, 1-408-414-8528
[email protected]
Trade/technical media:
Peter Rogerson, 1-408-414-8573
[email protected]


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on POWER INTEGRATIONS INC
04/25 POWER INTEGRATIONS : and Weltrend Semiconductor Announce 18 W USB PD Rapid-Charg..
04/14 POWER INTEGRATIONS : to Release First-Quarter Financial Results on April 27
03/28 POWER INTEGRATIONS : HiperPFS-4 Power Factor Correction ICs From Power Integrati..
03/20 POWER INTEGRATIONS INC : Change in Directors or Principal Officers (form 8-K)
03/20 POWER INTEGRATIONS : Names Wendy Arienzo to Its Board of Directors
02/24 POWER INTEGRATIONS INC : ex-dividend day
02/08 POWER INTEGRATIONS : Management's Discussion and Analysis of Financial Condition..
02/07 GILEAD SCIENCES : Fish & Richardson again wins IP law practice of the year
02/04 POWER INTEGRATIONS : Tygh Capital Management Cuts Position in Power Integrations..
02/01 POWER INTEGRATIONS : posts 4Q profit
More news
Sector news : Semiconductors - NEC
04/22 Wall Street gears up for busiest earnings week in years
04/20 BMW joins German rivals with forecast-beating results
04/19DJZalando First-Quarter Earnings Flat as Revenue Rises
04/19 Daimler says yet to choose semiconductor partner for autonomous cars
04/19 JAPAN GOVERNMENT FUND, BANK MULL BID : media
More sector news : Semiconductors - NEC
News from SeekingAlpha
03/28 Power Integrations Looking To Grow Share In Growing Markets
03/01 Dividend Champions For March 2017
02/23 Power Integrations goes ex-dividend tomorrow
02/02 TECHNOLOGY - TOP GAINERS / LOSERS AS : 00 pm
02/02 Power Integrations (POWI) Q4 2016 Results - Earnings Call Transcript
Advertisement
Financials ($)
Sales 2017 437 M
EBIT 2017 71,6 M
Net income 2017 57,3 M
Finance 2017 221 M
Yield 2017 0,83%
P/E ratio 2017 34,75
P/E ratio 2018 26,75
EV / Sales 2017 4,04x
EV / Sales 2018 3,47x
Capitalization 1 985 M
More Financials
Chart POWER INTEGRATIONS INC
Duration : Period :
Power Integrations Inc Technical Analysis Chart | POWI | US7392761034 | 4-Traders
Full-screen chart
Technical analysis trends POWER INTEGRATION...
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 75,3 $
Spread / Average Target 12%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Balu Balakrishnan President, Chief Executive Officer & Director
E. Floyd Kvamme Chairman
Raja G. Petrakian Vice President-Operations
Sandeep Nayyar Chief Financial Officer & Vice President
Radu Barsan Vice President-Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
POWER INTEGRATIONS INC-1.03%1 985
INTEL CORPORATION1.65%173 940
TAIWAN SEMICONDUCTOR M..--.--%166 017
BROADCOM LTD25.16%89 584
TEXAS INSTRUMENTS INCO..12.87%82 330
NVIDIA CORPORATION-3.55%62 272
More Results