Lucent Technologies (Murray Hill, NJ) announced that it has agreed to sell its Power Systems business unit (LPS) to Tyco International (Pembroke, Bermuda) for $2.5 billion. The sale, which is subject to regulatory approval and other customary closing conditions, is expected to close by December 31, 2000, and result in a one-time gain to be […]
Active Power (Austin, TX) announced that it has successfully operated a critical subsystem of its telecom continuous power system (CPS). Using a fully integrated flywheel/motor-generator/turbine rotor that weighs less than 25 pounds, the Active Power CPS will be capable of delivering 6kW of backup power for eight hours. Target applications for this product include backup […]
Unipower Telecom (Coral Springs, FL) has introduced the INV2500 inverter, which achieves 7.0VA per cubic inch. The INV2500 is capable of producing...
SK Global Co. (Seoul, Korea) is advancing into the lithium battery business. Demand for rechargeable lithium batteries is on the rise, as they are widely used in semiconductor, LCD and battery products. SK Global formed a strategic alliance with Anycell Inc. (Kwangju, Korea), a lithium battery maker, and released the SK Lithium Battery, with intended […]
Vicor Corp. (Andover, MA) has introduced a new power-conversion architecture called PowerStick, specifically designed to address the market for low-profile, high-density, board-mounted...
ON Semiconductor (Phoenix, AZ) announced that its sales in the Asia-Pacific region for the first nine months of 2000 exceeded $500.0 million dollars. The latest company sales figures showed that shipments of analog chips used for power-management applications in mobile devices, such as cellular phones and PDAs, were up almost 40 percent over the same […]
The price of shares in the initial public offering of Evergreen Solar Inc. (Waltham, MA) fell into the middle of the expected range, at $14 per share. The company grossed $42.0 million dollars by selling three million shares of its common stock. Proceeds are planned to go toward expansion, research and development in the use […]
NMB-Minebea (Chatsworth, CA) has developed a new 200W power supply with power-factor correction, which complies with regulatory requirements for EN6100-3-2. The SPS2156 is a five-output, fan-cooled switching supply that incorporates a remote-switched ac outlet and an auxiliary supply, which can provide 2A in sleep mode, allowing rapid resume and wake-up options to be implemented for […]
American Power Conversion (APC, West Kingston, RI) announced that it is expanding its mobile product offering to include the new APC Travel Power, a compact 75W ac/dc power inverter, and a new line of laptop power adapters (LPAs). The APC Travel Power aims to offer traveling professionals the convenience of remaining productive during transit, whether […]
PolyStor Corp. (Livermore, CA) has launched a new 8mm prismatic lithium-ion battery, the PSC340848-1350. The new battery achieves a 1350mAh capacity in...
Morgan Stanley Dean Witter (New York, NY) confirmed that it has finalized an investment in Acumentrics Corp. (Westwood, MA). "We are pleased to add Morgan Stanley Dean Witter to our list of partners, which also includes Northeast Utilities and General Dynamics Corporation," said Gary A. Mook, CEO of Acumentrics. "The participation of a leader in […]
Advanced Power Technology Inc. reported financial results for the third quarter ended September 30, 2000. Revenues for the quarter were $12.1 million, up 66 percent over the $7.3 million achieved in the third quarter of 1999, and up 20 percent sequentially from the $10.1 million recorded in the second quarter of 2000. Net income for […]
Matsushita Battery Industrial Co. (Tokyo, Japan) announced that in May 2001 they will begin the mass production of new types of lithium-polymer batteries with capacities ranging up to 1,650mAh. The new lithium-polymer batteries employ an integrated structure of positive/negative electrodes and a separator, which can change its thickness and size. The power capacity can be […]
Compaq Computer Corp. (New York, NY), in cooperation with the US Consumer Product Safety Commission, has announced a worldwide voluntary recall and replacement program for approximately 55,000 Sony Corp. (Tokyo, Japan) battery packs used in their Armada E500 and V300 notebook computers. The serial numbers for the defective battery packs are TCGK 00001- 10500, TCGK […]
Catalytica Inc. (Mountain View, CA) announced that Dennis Riebe has joined Catalytica Energy Systems Inc. as its CFO. Riebe joins the company with over 34 years experience in the gas turbine and aircraft industries. Riebe spent 10 years at Allied-Signal Engines, which has since merged with Honeywell, where he served as CFO. His experience also […]