by Staff Writers
St. Louis MO (SPX) Feb 26, 2013
Laird Technologies has announced the acquisition of Nextreme Thermal Solutions, Inc. ("Nextreme"), the US based developer of thin-film thermoelectric technologies.
Nextreme's innovative technology, delivering high precision cooling in an ultra-small form factor, will advance Laird's leadership in its existing thermal management business.
This is particularly beneficial as devices become smaller and more compact. Nextreme and Laird currently have a strategic design and distribution partnership, but the acquisition enables wider market access to serve current and potential new customers in application areas such as sensors, solar power and LEDs.
In addition Laird provides the ability to rapidly scale-up Nextreme's operations in order to exploit the full potential of these next generation products.
Commenting on this acquisition, Chief Executive David Lockwood said: "Nextreme is the next generation in technology for thermoelectrics. It can fundamentally change the way we cool electronics at the most integrated levels while being produced in large volumes. This significant shift in technology will also enable new applications such as energy harvesting.
Nextreme is an excellent fit with our business growth strategy. Through this acquisition we will combine the most innovative technology with our market presence and ability to scale operations, to deliver added value to our customers and enable us to move into new segments."
Nextreme Thermal Solutions
All About Solar Energy at SolarDaily.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|