AMSC buys Switch

American Superconductor Corp. has agreed to purchase The Switch Engineering Oy for $265 million.

The Switch makes power converter systems, which are a component of the wind turbine electrical control systems that AMSC sells.

AMSC is paying $186 million in cash and the rest of the purchase price in stock. It expects the deal to close by Aug. 31.

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03/01/2015
Volume 119, Issue 3
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The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

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