Backed by venture capital company Searchlight Capital Partners, Integrated Power Services continues to aggressively grow its network of motor service centers across North America. Now with 55 locations, 44 repair centers and 1,700 employees, it […]
The revolutionary gate driver technology of Heyday Integrated Circuits is now in the portfolio of Allegro MicroSystems as the global sensing and power semiconductor company closed on its acquisition of the French IC specialist on […]
Booking a second major order from Hyundai for its integrated drive modules as the latest score, BorgWarner is rapidly executing on a multi-pronged electrification strategy that is dramatically changing the global automotive supplier’s product lineup and technology focus. The integrated drive modules feature an interior permanent magnet electric motor manufactured using advanced high-voltage hairpin winding technology for high power density. […]
Expanding its business in high-reliability electronics, Micross Components has acquired PAAL Technologies, a provider of magnetic components for military and aerospace markets, and also picked up part of Semtech Corporation. PAAL supplies military-standard data bus […]
Business is booming at e-mobility machinery maker Aumann AG of Beelen, Germany. Orders and revenues have jumped significantly from a year ago. Flush with cash and business growth, the manufacturer of coil winding machinery and […]
Airex LLC, a specialist in precision winding technology, and FPH Group, a manufacturer of electrical drive systems and light weighting technologies for ground-based vehicles in the defense industry, are the latest two acquisitions by Allied Motion Technologies, coming only a few months after its merger with ThinGap. Allied Motion announced the Airex deal in late June and the FPH deal in late May, the same month it announced its merger with ThinGap, a manufacturer of zero-clogging slotless motors. […]
Two companies with extensive magnetic component portfolios are coming together as Chicago-based Littelfuse, where business has been booming lately, moves to acquire C&K Switches for $540 million. With 17,000 employees already and sales climbing 34% […]
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