e-Power Technology

KAMIC Group in Sweden Emerges As Global Force in Magnetic Engineering 

Making multiple acquisitions at a fast pace, Swedish-based KAMIC Magnetics Group is emerging as a growing force in magnetic engineering globally, at latest count representing an enterprise of eight specialist magnetics components businesses. Five of them came together in one stand for the first time at the Engineering Design Show in the UK last fall and, for the first time in North America, at APEC 2024 (Applied Power Electronics Conference) in February, to demonstrate their combined portfolio. […]

Electromagnetics

iNRCORE Expands Transformer Line; Major Investment Company Steps Into Ownership Position — Signaling More Acquisitions? 

On the product side, iNRCORE has expanded its line of battery management system transformers targeting the EV market while, on the corporate side, major investment firm Warburg Pincus has taken an ownership position in the […]

Magnetics/Assemblies

Magswitch Unifies Its Companies in U.S. 

In a strategic move to redefine their presence in the United States, Magswitch Technology Inc. and Magswitch Automation Company have amalgamated their operations and are now doing business as Magswitch Technologies. The merger streamlines operations […]

Electromagnetics

Eddy-Current Sensor Maker Kaman Corporation Going Private 

Kaman Corporation, maker of a broad range of rugged-duty, high-precision inductive, eddy current sensors, and also EMI shielding products, is taking the corporate route from a publicly held company to becoming privately held. The move began in January when Arcline Investment Management agreed to acquire Kaman for $1.8 billion, essentially buying out the shareholders. Upon completion of the transaction, expected in the first half of this year, plans are to convert the company to a privately held enterprise that will continue to be led by current management. […]

Electromagnetics

Hitachi Energy Acquires COET; Extends Transient Voltage Protection to Liquid Transformers 

In two recent developments, power equipment manufacturer Hitachi Energy has acquired COET, an Italian specialist in high-voltage switching products, and has also extended its transient voltage protection technology into liquid-filled distribution transformers. It combats the […]