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.