Lite-On Co., Ltd. Acquired $18.3 Million to Acquire Power Powers
In order to strengthen the advantages of the integration of the uninterrupted power system, the board of directors of Opto-Technology will acquire the entire equity of Power Innovations, a US power supply plant, for US$18.3 million. It is expected to complete the acquisition at the end of this year and strengthen the high-end and large-scale power supply of Lite-On. The layout of the program.
Lite-On pointed out that Power Innovations was established in 1997 and its main business is the design and integration of UPS (Uninterruptible Power System), which covers special industries such as military, aviation, oil drilling, transportation and medical.
Chen Guangzhong, president of Lite-On Group, said that through this acquisition, in addition to the company's high-end military and industrial products and integration solutions, it can enhance the system integration capabilities of Lite-On in the cloud application market. Chen Guangzhong pointed out that the power business group has benefited from the growth of demand for cloud applications in the global market this year, and its share of revenue has increased from 10% last year to around 15% in the first half of this year.
Guangbao Branch said that this year's revenue growth momentum will be in camera modules, LED optoelectronic products and cloud server power supplies. Hewlett-Packard (HP) and Intel (intel) announced in the second half of last year that they will jointly develop the world's most energy-efficient data center. It is understood that Lite-On will provide complete power management system solutions for the project, including data center equipment and cabinets. Products such as power supplies and DC-based uninterruptible power systems have also allowed Opto-Cola to strengthen its capabilities in high-end power management system solutions.
Lite-On pointed out that Power Innovations was established in 1997 and its main business is the design and integration of UPS (Uninterruptible Power System), which covers special industries such as military, aviation, oil drilling, transportation and medical.
Chen Guangzhong, president of Lite-On Group, said that through this acquisition, in addition to the company's high-end military and industrial products and integration solutions, it can enhance the system integration capabilities of Lite-On in the cloud application market. Chen Guangzhong pointed out that the power business group has benefited from the growth of demand for cloud applications in the global market this year, and its share of revenue has increased from 10% last year to around 15% in the first half of this year.
Guangbao Branch said that this year's revenue growth momentum will be in camera modules, LED optoelectronic products and cloud server power supplies. Hewlett-Packard (HP) and Intel (intel) announced in the second half of last year that they will jointly develop the world's most energy-efficient data center. It is understood that Lite-On will provide complete power management system solutions for the project, including data center equipment and cabinets. Products such as power supplies and DC-based uninterruptible power systems have also allowed Opto-Cola to strengthen its capabilities in high-end power management system solutions.
Shenzhen Powercom Electronics Co., Ltd. , https://www.expowercome.com