Advanced Energy

Advanced Energy Industries, Inc. is an American company that develops power and control technologies for the manufacture of semiconductors, flat panel displays, data storage products, industrial coatings, medical devices, solar cells and architectural glass.

Advanced Energy Industries, Inc.
TypePublic
NASDAQ: AEIS
S&P 600 Component
Industrythin-film renewables (solar and glass): semiconductor, flat panel display and OED, high-brightness LED (HBLED), solar, data storage, architectural glass, data storage, industrial coating, analytical instruments, medical equipment and others
FoundedFort Collins, Colorado (1981)
HeadquartersFort Collins, Colorado, USA, WW headquarters
Area served
worldwide
Key people
Yuval Wasserman (CEO)

Tom McGimpsey (EVP)

Neil Brinker (COO)

Paul Oldham (CFO)

Isabel Yang (CTO)
Productsprocess- power systems; gas and liquid flow-management systems; thermal instruments; and global support services.
Revenue US$ 718.9 Million (FY 2019)[1]
US$171,553(FY 2018)[2]
US$147,025(FY 2018)[2]
Total assets US$856,950 (March 31, 2019)[3]
Total equity US$622,144 (Q1 2019)
Number of employees
2,200 (January 1, 2019)[4]
Websiteadvanced-energy.com

General

Founded in 1981, Advanced Energy operates in regional centers in North America, Asia, and Europe, and offers global sales and support through direct offices, representatives, and distributors. The company has manufacturing facilities in the U.S., EMEA and Asia.

Advanced Energy produces products that are required for the manufacture of many plasma thin-film industries as well as semiconductor, flat panel displays, data storage, solar cells, medical devices and architectural glass.

It once manufactured and sold gas-system products for semiconductor, but withdrew from the market of gas-system products.

Products

Advanced Energy's Products include high and low voltage power systems, thermal measuring instruments, and thyristor power controls. The company also offers services globally.

Historical highlights and acquisitions
  • 1981 Founded in Colorado, U.S.A. on May 5
  • 1987 Japanese office opened
  • 1990 German office opened
  • 1993 UK office opened
  • 1995 Listed on Nasdaq
  • 1996 Korean office opened
  • 1998 RF Power Products acquired
  • 1999 Taiwan office opened
  • 2000 China office opened
  • 2001 Sekidenko acquired
  • 2002 Aera Corporation acquired
  • 2002 Litmas acquired
  • 2002 Dressler (Dressler Hochfrequenztechnik GmbH & Dressler USA, Inc.) acquired
  • 2007 Dressler site closed
  • 2010 PV Powered acquired
  • 2010 Mass flow controller business and gas cabinet business sold to Hitachi Metal (Japan). Temporarily withdrawing from the Japanese office.
  • 2012 Solvix SA acquired
  • 2013 RefuSol (Metzingen, Germany) acquired
  • 2014 Power control modules (silicon-controlled rectifier controllers) section of AEG Power Solutions, Warstein-Belecke, Germany, acquired
  • 2014 HiTek Power (UK) acquired
  • 2014 UltraVolt (US) acquired
  • 2017 Excelsys (IRL) acquired
  • 2017 Japan office re-entry
  • 2018 Israel office opened
  • 2018 TREK Holdings (US) acquired
  • 2018 Monroe Electronics (US) acquired
  • 2018 LumaSense (US) acquired
  • 2019 Divests Solar Inverter business
  • 2019 Artesyn Embedded Power (US) acquired

See also

References
  1. "AE Corporate Fact Sheet Q1, 2019" (PDF). Advanced Energy. Retrieved 1 January 2019.
  4. "AE Corporate Fact Sheet Q1, 2019" (PDF). Advanced Energy. Retrieved 1 January 2019.
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