XP Power, a world-leading developer and manufacturer of critical power solutions for the electronics industry, today announced that it has acquired the business and assets of Glassman High Voltage Inc., a US-based designer and manufacturer of high voltage, high power, power supplies.
The $44.5 million deal expands XP Power’s product offering into standard, modified and custom high voltage, high power conversion products. Typical applications include semiconductor manufacturing equipment, vacuum/plasma processing, analytical instrumentation, medical diagnostics and test equipment.
Glassman and XP Power share several customers, and while there is no direct overlap in product lines, the power supply solutions of the two companies are highly complementary. The deal also brings new customers to XP Power, particularly in the industrial and technology sectors.
For more information visit www.xppower.com