What are SL Power Electronics and Advanced Energy?

SL Power Electronics and Advanced Energy are companies with complementary technologies, product portfolios, and core competencies in highly engineered, application-specific power solutions for key OEMs in demanding mission-critical applications.

What products does advanced energy offer?

Advanced Energy's Products include high and low voltage power systems, thermal measuring instruments, DC and RF plasma power generators, remote plasma sources, electrostatic products, AC/DC and DC-DC power supplies, and thyristor power controls. The company also offers services globally.

Who is SL Power?

SL POWER / Advanced Energy designs, manufactures and markets internal and external power supplies for medical, communications, computer peripheral and industrial electronic OEMs. The Company is a global leader in the development of AC/DC and DC/DC standard, modified and custom power supplies.

Is SL Power a good fit for Advanced Energy?

“I believe SL Power’s strong customer base, complementary product portfolio, and highly skilled team make it an ideal fit for Advanced Energy.” Headquartered in Calabasas, California, SL Power is a leading supplier of power conversion solutions for medical and advanced industrial applications.

Why did advanced energy acquire advanced energy?

The acquisition expands Advanced Energy’s medical power solution offerings by adding a complementary portfolio of products and improves its ability to meet the growing needs of industrial and medical customers.

How will advanced energy finance the SL Power acquisition?

Advanced Energy expects to finance the transaction with currently available cash. For its fiscal year ending December 2021, SL Power generated $66.0 million in revenue. The transaction has been approved by the Board of Directors of Advanced Energy.