Power-One Inc (PWER)

Power-One, Inc. engages in the design, manufacture, sale, and service of power supply products for the renewable energy (RE), servers, storage and networking, telecommunications, industrials, and network power systems industries worldwide. It operates in two segments, Renewable Energy Solutions and Power Solutions. The company’s products convert, regulate, purify or distribute electrical power for electronic equipment. It offers RE inverters that convert photovoltaic energy into useable grid connected power for use in residential, commercial, and utility-grade solar panels that convert AC into DC voltage used primarily in networking systems, network servers and storage, and industrial equipment. The company also provides DC/DC converters comprising high-density and low-density brick converters, which are mounted on a printed circuit board within the equipment, as well as point-of-load converters that power devices within an intermediate bus architecture and in other applications primarily to power communications infrastructure equipment. In addition, it offers DC power systems, which convert AC voltage into DC voltage and provides additional power capacity in the event of an AC input disturbance or power outage primarily to power communications networks and cellular communications systems; and smart motor control and other products that are used primarily in clothes washers and dryers, and air conditioners. Power-One, Inc. sells its products through its sales force, manufacturers’ representatives, and distributors to original equipment manufacturers, distributors/installers, and service providers, as well as engineering, procurement, and construction firms. The company has a strategic alliance with Panasonic Corporation to develop, produce, and market energy storage systems. Power-One, Inc. was founded in 1973 and is headquartered in Camarillo, California. Power-One Inc. operates as a subsidiary of ABB Ltd.