Eaton Acquires IE Power, Plans Solar Inverter Product Expansion

Industrial power management company Eaton Corp. says it has acquired the assets of IE Power Inc., a Mississauga, Ontario-based provider of inverters. Terms of the transaction were not disclosed.

‘This acquisition provides Eaton with strong design capabilities for high power inverters, an established product platform, and access to the rapidly growing utility solar inverter market,’ says Matt Lorenz, vice president and general manager of the electrical components organization of Eaton's industrial control division.


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