Announced
Financials
Sources
Tags
Auto Parts
Private
auto parts
United States
Majority
Single Bidder
Pending
Acquisition
Friendly
Synopsis
Enconnex, which designs and manufactures solutions for data center infrastructure, agreed to acquire Active Energy Solutions Division of Methode Electronics, which manufactures component devices worldwide. Financial terms were not disclosed. “This acquisition is the logical extension of our strategic partnership with AES. The AC6000 is a robust yet eco-friendly UPS that offers the advanced features needed to support today’s IT and Data Center demands. We are also providing a firmware upgrade release to all existing customers of the AC6000 allowing them to benefit with the latest advancements,” Thane Moore, Enconnex Product Line Management Director.
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