ADVANCED ENERGY INDUSTRIES INC acquired Monroe Electronics, Inc. (electrostatic measurement business).
Monroe Electronics, Inc. (electrostatic measurement business) is based in United States. Advanced Energy acquired the electrostatic detection and measurement business of Monroe Electronics in 2018. Monroe's product line provides non-contact electrostatic voltmeters and fieldmeters used for ionization system testing and monitoring across semiconductor, aerospace, automotive, medical, defense, PV solar, and test-and-measurement applications. Advanced Energy integrated the Trek and Monroe product lines together into its electrostatic and amplifier portfolio.
Expand Advanced Energy's electrostatic detection and measurement product portfolio for ionization testing and monitoring.
Advisory firms were not disclosed for this transaction.