Tuesday, January 30, 2007 7:00:00 AM PDT | VentureDeal Staff
BC -- Xantrex (TSX: XTX) announced the agreement
to acquire the Elgar Electronics Corporation
for $108 million in an all cash transaction.
San Diego-based Elgar manufactures numerous programmable power products for
customers in the aerospace, marine, medical, government, telecom and
Xantrex believes the acquisition will be highly complementary to its portfolio
of businesses and growth strategies. Elgar's unaudited 2006 financials
included revenues of $64 million and net income of $6.3 million.
Email Page | Print Page
Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?
Start your Free 14 Day Trial now – no obligation or credit card required.
Founded in 2006, VentureDeal is a database that provides the latest information about venture capital firms, venture-backed technology companies and transactions throughout North America.
Learn More »
Email Sign Up
© 2015 VentureDeal, Inc., Menlo Park, CA. All Rights Reserved.