Advanced Energy
Advanced Energy is a U.S.-based multinational technology company that develops precision power-conversion, measurement, control, and thermal-management systems for advanced manufacturing and other industrial applications.
Last updated October 30, 2026
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Overview
Advanced Energy, formally Advanced Energy Industries, Inc., is an American technology company focused on precision power conversion, measurement, and control. Founded in Fort Collins, Colorado, in 1981 by Doug Schatz, the company developed around the need for highly controlled electrical power in sophisticated manufacturing processes. Its technologies are used particularly in plasma-based thin-film production and semiconductor manufacturing, but its portfolio also serves flat-panel displays, data storage, telecommunications equipment, industrial coatings, medical devices, solar-cell production, and architectural glass. The company’s products span high- and low-voltage power systems, direct-current and radio-frequency plasma power generators, remote plasma sources, electrostatic systems, AC/DC and DC/DC power supplies, thermal measurement instruments, and thyristor-based power controls. These products are generally components or systems embedded in larger industrial processes rather than consumer-facing goods. Advanced Energy also provides technical services, applications support, and global sales assistance through company offices, representatives, and distributors. Advanced Energy expanded internationally during the late 1980s and 1990s, opening offices in Japan, Germany, the United Kingdom, South Korea, Taiwan, and China. It became a Nasdaq-listed company in 1995. During the following decades, acquisitions broadened its capabilities in radio-frequency power, gas and fluid control, plasma systems, power electronics, thermal measurement, embedded power, and related industrial technologies. Acquired businesses and product families included RF Power Products, Sekidenko, Aera, Litmas, Dressler, PV Powered, Solvix, RefuSol, parts of AEG Power Solutions, HiTek Power, UltraVolt, Excelsys, TREK, Monroe Electronics, LumaSense, Artesyn Embedded Power, SL Power, TEGAM, Versatile Power, and Airity Technologies. The company has also reshaped its portfolio through divestitures. It exited the semiconductor gas-system products market by selling its mass-flow-controller and gas-cabinet businesses to Hitachi Metals in 2010, and later divested its solar-inverter business in 2019. These moves reflected a concentration on precision power and related measurement and control technologies rather than maintaining every adjacent product category. Advanced Energy operates regional centers in North America, Europe, and Asia and maintains manufacturing facilities in the United States, Europe, the Middle East and Africa region, and Asia. Its principal manufacturing facility is in Simpang Ampat, Penang, Malaysia, while the former Fort Collins headquarters functions as a design and service center. The company’s customer base includes major semiconductor and equipment companies such as Advanced Semiconductor Materials, Lam Research, and Tokyo Electron. Its current business identity is therefore best understood as an industrial technology and power-management company serving demanding, capital-intensive production environments rather than as a consumer brand. Advanced Energy Industries, Inc., commonly known as Advanced Energy, is a U.S.-based power-technology company focused on precision power conversion, measurement, control, and thermal-management products. Its technologies are used in semiconductor and display manufacturing equipment, industrial production, medical equipment, data centers, and other applications that require tightly controlled and reliable electrical power or temperature management. Rather than primarily selling consumer products, the company supplies embedded power components, RF power systems, high-voltage and DC power supplies, power measurement products, and temperature-control technologies to equipment manufacturers and industrial customers. Its business is characterized by engineering support, application-specific customization, and long-term integration with customer equipment platforms and manufacturing processes. The brand is positioned around precision, reliability, and performance in demanding industrial environments. Its shares trade on Nasdaq under the ticker AEIS.
History
Advanced Energy was founded on May 5, 1981, in Fort Collins, Colorado, by Doug Schatz. From the beginning, its activities centered on specialized electrical systems used in demanding industrial and manufacturing processes. Rather than selling ordinary commercial power equipment, the company developed technologies capable of supplying, measuring, and controlling power with the precision required by plasma processes, thin-film production, and semiconductor fabrication. Its international expansion began with a Japanese office in 1987, followed by offices in Germany in 1990 and the United Kingdom in 1993. The company entered the public markets on Nasdaq in 1995 and continued establishing a presence in South Korea, Taiwan, and China during the second half of the 1990s and early 2000s. This geographic development accompanied the globalization of semiconductor, display, telecommunications, and other high-technology manufacturing. Advanced Energy used acquisitions to broaden its product and engineering base. RF Power Products was acquired in 1998, followed by Sekidenko, Aera Corporation, Litmas, and Dressler-related businesses between 2001 and 2002. These transactions strengthened the company’s position in radio-frequency power, plasma systems, gas and process control, and related semiconductor-manufacturing applications. The Dressler site was later closed in 2007, illustrating that the company periodically integrated or rationalized acquired operations rather than retaining every facility indefinitely. The 2010s brought both diversification and portfolio changes. Advanced Energy acquired PV Powered in 2010, Solvix in 2012, and RefuSol in 2013, building a substantial solar-power and inverter presence. In 2014 it acquired power-control modules from AEG Power Solutions, as well as HiTek Power and UltraVolt. It also sold its mass-flow-controller and gas-cabinet businesses to Hitachi Metals in 2010 and withdrew from the semiconductor gas-systems market. These actions reduced exposure to selected process-control activities while adding capabilities in power electronics and energy conversion. Further acquisitions followed in 2017 and 2018. Excelsys expanded the company’s power-supply portfolio, while TREK Holdings, Monroe Electronics, and LumaSense added technologies connected with high-voltage, measurement, sensing, and industrial monitoring applications. Advanced Energy re-entered Japan in 2017, opened an office in Israel in 2018, and opened a customer solutions center in Karlstein am Main, Germany, in 2019. In the same year, it divested its solar-inverter business, marking a renewed emphasis on its core industrial and precision-power activities. The 2019 acquisition of Artesyn Embedded Power significantly extended the company’s embedded-power capabilities. Advanced Energy subsequently acquired SL Power in 2022, TEGAM and Versatile Power in 2021, and Airity Technologies in 2024. Across these transactions, the company continued combining power conversion with measurement, control, and application-specific engineering. Advanced Energy is headquartered in Denver, Colorado. The original Fort Collins location serves as a design and service center, while the company maintains manufacturing facilities in the United States, the EMEA region, and Asia. Its main factory is in Simpang Ampat, Seberang Perai, Penang, Malaysia. Sales and technical support are delivered through regional offices, direct personnel, representatives, and distributors. The company’s products support semiconductor and flat-panel-display fabrication, data storage, telecommunications equipment, industrial coatings, medical devices, solar cells, and architectural glass. Its historical development reflects a strategy of serving specialized industrial processes where electrical stability, accurate measurement, and tightly controlled power delivery are essential. Advanced Energy Industries was founded in the United States in 1981, with an early focus on power technologies for demanding high-technology industrial applications. As semiconductor fabrication, display manufacturing, and other precision processes required increasingly stable power, controlled RF energy, and thermal management, the company expanded its focus toward high-performance power conversion and related control technologies. Its portfolio grew from power equipment into a broader range of DC, RF, high-voltage, measurement, and thermal-management technologies. The company has typically entered customer equipment and production processes through application-specific engineering and customized designs. It has also broadened its technology portfolio and market reach through internal development and acquisitions, although specific transaction history is not detailed here without sufficiently verified sources. Advanced Energy is now a publicly traded industrial-technology company serving semiconductor equipment, industrial, medical, data-center, and other markets requiring precise electrical and thermal control.
- 2024
Airity Technologies acquired
[1]Advanced Energy expanded its technology portfolio through the acquisition of Airity Technologies.
- 2021
TEGAM and Versatile Power acquired
[1]The company added measurement and power-electronics capabilities through two acquisitions.
- 2019
Solar-inverter business divested
[1]Advanced Energy sold its solar-inverter business and continued concentrating on precision industrial power technologies.
- 2019
Artesyn Embedded Power acquired
[1]The acquisition broadened Advanced Energy’s embedded-power product portfolio.
- 2014
Power-electronics expansion
[1]Advanced Energy acquired power-control modules from AEG Power Solutions, HiTek Power, and UltraVolt.
- 2010
Gas-system businesses sold
[1]The company sold its mass-flow-controller and gas-cabinet businesses to Hitachi Metals and withdrew from that product area.
- 2002
Process-technology acquisitions
[1]Advanced Energy acquired Aera, Litmas, and Dressler-related businesses, strengthening its process-control and plasma-technology portfolio.
- 1998
RF Power Products acquired
[1]The acquisition expanded the company’s radio-frequency power capabilities.
- 1995
Nasdaq listing
[1]Advanced Energy became a publicly listed company on Nasdaq, where its shares trade under the ticker AEIS.
- 1987
Japanese office opened
[1]The company began its international office expansion by opening a location in Japan.
Products and positioning
A specialist provider of precision power, measurement, control, and thermal-management technologies for semiconductor, display, thin-film, medical, data-center, telecommunications, and other advanced industrial manufacturing applications.
Industrial power conversion
Plasma power systems
Advanced Energy develops DC and RF plasma power generators and remote plasma sources for processes used in semiconductor, flat-panel-display, thin-film, and related manufacturing. These systems provide controlled energy for plasma generation and treatment, where repeatability and precise regulation affect process quality and production yield.
AC/DC and DC/DC power conversion
DC power supplies
The company supplies AC/DC and DC/DC power systems for industrial, medical, telecommunications, embedded, and technology-equipment applications. Its offerings include high-voltage and low-voltage systems designed for environments that require stable output, compact integration, and dependable operation under demanding load conditions. Advanced Energy’s DC power supplies are designed for industrial equipment and manufacturing processes that require stable, controllable, and efficient power. They support semiconductor equipment, industrial systems, and other precision applications, with emphasis on power conversion, output control, and long-term reliability.
Industrial measurement and control
Measurement and thermal-control systems
Advanced Energy offers thermal measurement instruments and other measurement and control technologies used to monitor industrial processes. These products support applications where temperature, electrical conditions, and process consistency must be observed and managed with greater precision than standard commercial instrumentation provides.
Industrial electrostatic systems
Electrostatic products
Electrostatic products form part of Advanced Energy’s broader precision-power portfolio. They are intended for specialized manufacturing and process environments in which controlled electrical fields or electrostatic conditions are important to equipment operation and product quality.
Industrial power control · 2014
Thyristor power controls
Thyristor-based power controls regulate electrical power in industrial equipment and process systems. Advanced Energy’s activities in this area were strengthened through the acquisition of power-control modules from AEG Power Solutions in 2014.
RF power
RF power systems
RF power systems deliver controlled radio-frequency energy to plasmas and other high-frequency processes. They are important power components in semiconductor and display manufacturing equipment, where precise energy control, stability, and integration with process equipment are required.
high-voltage power
High-voltage power supplies
High-voltage power supplies serve industrial, scientific, and equipment applications requiring high-voltage output and precise regulation. The product line reflects Advanced Energy’s focus on high-voltage conversion, output control, and reliability in demanding operating environments.
measurement and control
Power measurement and control products
Power measurement and control products monitor and regulate electrical parameters in equipment, helping customers improve process consistency, controllability, and operating efficiency. They are typically used together with power systems and industrial equipment as part of an integrated power-management solution.
thermal management
Thermal-management and temperature-control products
Thermal-management and temperature-control products regulate and stabilize temperatures in manufacturing equipment, electronic systems, and processes. They support semiconductor, industrial, and other high-technology applications that require tightly controlled thermal conditions.
Marketing campaigns
- 2020STEM Diversity Scholarship Program
United States
Advanced Energy introduced a scholarship program focused on diversity in science, technology, engineering, and mathematics education.
Brand decisions
2024
Airity Technologies acquisitionM&ABackground
Advanced Energy continued using acquisitions to extend its specialized technology portfolio.
Action taken
The company acquired Airity Technologies.
2022
SL Power acquisitionM&ABackground
Advanced Energy continued developing its power-supply portfolio for specialized equipment and industrial applications.
Action taken
The company acquired SL Power.
Aftermath
The transaction added further power-supply capabilities to the company’s offering.
2021
TEGAM and Versatile Power acquisitionsM&ABackground
Advanced Energy continued adding adjacent measurement and power technologies.
Action taken
The company acquired TEGAM and Versatile Power.
Aftermath
The acquisitions added capabilities in precision measurement and power electronics.
2019
Solar-inverter business divestitureStrategyBackground
Advanced Energy had accumulated solar-inverter activities through earlier acquisitions, including PV Powered and RefuSol.
Action taken
The company divested its solar-inverter business.
Aftermath
The divestiture reinforced a strategic focus on precision power, measurement, control, and industrial technology markets.
2019
Artesyn Embedded Power acquisitionM&ABackground
Advanced Energy sought to strengthen its presence in embedded and equipment-level power systems.
Action taken
The company acquired Artesyn Embedded Power.
Aftermath
The acquisition broadened the company’s embedded-power portfolio and extended its reach into technology-equipment applications.
2014
Expansion through AEG Power Solutions, HiTek Power, and UltraVoltM&ABackground
The company was broadening its power-electronics and high-voltage capabilities through targeted acquisitions.
Action taken
Advanced Energy acquired power-control modules from AEG Power Solutions and acquired HiTek Power and UltraVolt.
Aftermath
These transactions expanded its power-supply, high-voltage, and industrial-control offering.
2010
Exit from semiconductor gas-system productsStrategyBackground
Advanced Energy had operated in gas-system products, including mass-flow controllers and gas cabinets, alongside its power and process technologies.
Action taken
The company sold its mass-flow-controller and gas-cabinet businesses to Hitachi Metals and withdrew from that market area.
Aftermath
The transaction narrowed the company’s semiconductor-process portfolio and supported a greater emphasis on precision power and related technologies.
2010
PV Powered acquiredM&ABackground
Advanced Energy sought to expand beyond its established semiconductor and plasma-power activities.
Action taken
The company acquired PV Powered, adding solar-power and inverter capabilities.
Aftermath
Solar inverters became part of the company’s portfolio until the business was later divested in 2019.
Recent events
- 2024
Advanced Energy acquires Airity Technologies[1]
M&A
Advanced Energy expanded its technology portfolio through the acquisition of Airity Technologies.
- 2021
Advanced Energy acquires TEGAM and Versatile Power[1]
M&A
The company added TEGAM and Versatile Power, broadening its measurement and power-electronics capabilities.
- 2020
Advanced Energy introduces STEM Diversity Scholarship Program[1]
Campaign
The company launched a STEM-focused diversity scholarship program intended to support students pursuing science, technology, engineering, and mathematics education.
- 2019
Advanced Energy acquires Artesyn Embedded Power[1]
M&A · Product generation
The acquisition expanded Advanced Energy’s embedded-power activities and strengthened its portfolio of power supplies for technology equipment.
- 2019
Advanced Energy divests its solar-inverter business[1]
M&A
Advanced Energy sold its solar-inverter business as part of a continued focus on core precision power and industrial technology activities.
Sources9 sources
- 1Advanced Energyen.wikipedia.org
- 2Advanced Energy official websiteadvancedenergy.com
- 3Advanced Energy Industries investor relationsinvestors.advancedenergy.com
- 4贸泽电子宣布扩大与Advanced Energy在全球的分销合作范围，即日起供应Excelsys电源tech.sina.com.cn
- 5Advanced Energy 旗下的雅特生科技推出符合开放式机架标准 (第3版) 的机架电源tech.sina.com.cn
- 6Advanced Energy 最新推出的一款智能照明和电源控制系统可将室内农场的运营方式彻底改变finance.sina.com.cn
- 7Advanced Energy acquires TEGAM for $18msemiconductor-today.com
- 8Advanced Energy Industries (NASDAQ:AEIS) Announces Q4 2026 Earnings Guidancedailypolitical.com
- 9Advanced Energy Industries (NASDAQ:AEIS) Releases Earnings Results, Beats Estimates By $0.61 EPSthemarketsdaily.com
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