AMETEK, Inc. (AME) Message Board

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Technology Stocks : AMETEK, Inc. (AME)

AME 202.15

+2.0%

3:59 PM EDT

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From: JakeStraw	12/4/2013 8:16:09 AM
	of 30

AMETEK Acquires Powervar finance.yahoo.com Powervar provides highly engineered and customized products designed to deliver reliable, high-quality power to critical applications. It offers an industry-leading product line and a broad range of UL and IEC certified products. Its transformer-based power conditioners and UPS systems serve a wide range of end markets, including medical, life sciences, industrial, retail and telecommunications. Its products feature a unique isolation transformer technology that is key to providing quality power and protection. "Powervar is an excellent addition to our power systems and instruments business. Its strong presence in medical and life sciences provides our power businesses with excellent new growth opportunities in these attractive market segments. Its products are highly complementary to our existing power quality and UPS systems. In addition, Powervar provides world-class applications expertise, considerable new product development capability, and best-in-class product quality," notes Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.

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