DDC Expands Power Solutions Capabilities with the Acquisition of Emrise Electronics Ltd
DATE RELEASED: DATE 1st July 2015
Bohemia, New York (June 30, 2015) – Data Device Corporation (DDC), a leader in high reliability Connectivity, Power, and Control solutions, today announced that it has expanded its power solutions capabilities with the acquisition of Emrise Corporation’s (OTCQB: EMRI) Electronic Devices Group, Emrise Electronics Ltd. Emrise Electronics Ltd is comprised of XCEL Power Systems Ltd and Pascall Electronics Ltd, international market leaders in high reliability power conversion products.
Serving the aerospace, defense and industrial markets for more than 30 years, XCEL Power Systems and Pascall Electronics are focused on generating value for their customers by providing world-class custom and semi-custom power supply solutions. These power supply solutions support a broad range of military and civilian aerospace applications including radar systems, cockpit displays and in-flight entertainment, as well as demanding applications in many industrial markets.
Vincent Buffa, President & CEO of DDC, stated, "The acquisition of EMRISE Electronics Ltd. greatly expands DDC’s power management offering and capabilities. Leveraging the synergy of our solid-state power controllers with XCEL and Pascall’s power supply technology, DDC will be able to provide higher value, optimized integrated solutions for the commercial aerospace, defense, and industrial markets. Additionally, this acquisition expands our business base in the European market with best-in-class power conversion products, while reinforcing DDC’s position as a leading supplier of high reliability Connectivity, Power and Control solutions.”