DENVER, June 24, 2024--Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, today announced the acquisition of Airity Technologies, a Redwood City, California-based provider of next-generation, high voltage power conversion products and technologies for applications in semiconductor, industrial and medical markets.
Investing.com -- London-listed shares in XP (NASDAQ:XP) Power (LON:XPP) had shed more than 16% of their value in mid-morning trading on Tuesday after U.S.-based Advanced Energy Industries (NASDAQ:AEIS) announced that it had ended a potential takeover bid worth 468 million pounds.
DENVER, June 18, 2024--Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, confirms further to its announcement of May 21, 2024, that it does not intend to make an offer for the shares of XP Power Limited (LSE: XPP, "XP Power").