Industry Headlines

Ametek Acquires Xantrex Programmable

September 5, 2008
/ Print / Reprints /
ShareMore
/ Text Size+

PAOLI, PA, August 25-Ametek Inc., global manufacturer of electronic instruments and electromechanical devices, has acquired the programmable power business of Xantrex Technology Inc. for $120 million in cash. Based in San Diego, Xantrex's programmable power division produces alternating current (AC) and direct current (DC) programmable power supplies used to test electrical and electronic products. It has annual sales of approximately $80 million.

"Xantrex Programmable Power is an excellent acquisition for Ametek. It enjoys a strong reputation within the power industry and its products complement those offered by Ametek Power Instruments," notes Frank S. Hermance, Ametek chairman and chief executive officer.

"Xantrex Programmable Power significantly expands our position in the niche market for programmable power sources and provides us with further opportunities for growth in the highly attractive electronic test and measurement equipment market," adds Mr. Hermance.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

Charles J. Hellier has been active in the technology of nondestructive testing and related quality and inspection fields since 1957. Here he talks with Quality's managing editor, Michelle Bangert, about the importance of training.
More Podcasts

Quality Magazine

CoverImage

2014 December

Check out the December 2014 edition of Quality Magazine for features!

Table Of Contents Subscribe

The Skills Gap

What is the key to solving the so-called skills gap in the quality industry?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png  

eNewsletters