Power Integrations completes Concept acquisition

Balu Balakrishnan, president and CEO of Power Integrations, commented: “The acquisition of Concept expands our footprint in the high-voltage power-conversion market, enabling us to bring the same benefits of integration – reliability, efficiency and ease of design – to high-power systems that we have long brought to lower-power applications. Concept is an ideal strategic fit for us and we are delighted that they are now part of our company.”