Press Release: Excelsys : Advanced Energy Acquires Excelsys Technologies, Strengthening its Specialty Power Portfolio

FORT COLLINS, Colo., July 05, 2017 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (NASDAQ:AEIS), a global leader in precision power, today announced it has acquired Excelsys Holdings Limited (Excelsys), a privately held company based in Cork, Ireland. Excelsys designs and manufactures high efficiency and highly reliable power supplies for a variety of industrial markets. Its modular and user-configurable technology brings new and differentiated capabilities to Advanced Energy's existing product portfolio. This new product line allows Advanced Energy® (AE®) to expand its addressable market ─ offering new applications and serving a larger worldwide customer base.