Power Integrations completes acquisition of CT-Concept Technologie

Power Integrations has completed the acquisition of CT-Concept Technologie AG, effective May 1. Founded in 1986 and based in Biel, Switzerland, Concept is a developer of highly integrated, energy-efficient drivers for high-voltage IGBT modules.

Concept’s products are used in a range of high-voltage power-conversion applications including industrial motor drives, renewable energy generation, electric trains and trams, high-voltage DC transmission, electric cars and medical equipment. Concept employs approximately 65 people and holds 14 patents with additional patents pending. Concept’s management team and employees will remain at the company’s Biel headquarters, which will serve as Power Integrations’ centre of excellence for high-voltage driver design.

Balu Balakrishnan, president and CEO of Power Integrations, commented: “The acquisition of Concept expands our footprint in the high-voltage power-conversion market, enabling us to bring the same benefits of integration – reliability, efficiency and ease of design – to high-power systems that we have long brought to lower-power applications. Concept is an ideal strategic fit for us and we are delighted that they are now part of our company.”

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s