Advanced Energy

Advanced Energy Industries, Inc.
TypePublic
Industry
Founded1981; 45 years ago (1981), in Fort Collins, Colorado
HeadquartersDenver, Colorado, U.S.
Area served
Worldwide
Key people
  • Steve Kelley (president & CEO)
  • Paul Oldham (executive vice president & CFO)
  • Eduardo Bernal (EVP and COO)
  • Tom McGimpsey (EVP and general counsel)
  • Rory O’Byrne (SVP & chief people officer)
  • Randy Heckman (SVP and CTO)
  • Juergen Braun (SVP, Plasma Power Products)
  • John Donaghey (SVP and global head of sales)
  • Kevin Fairbairn (SVP, corporate development)
  • Peter Gillespie (SVP of strategic and corporate marketing)
  • Emdrem Tan (SVP High Volume Products)
  • John Williams (SVP, industrial and medical products)
Products
  • High and low voltage power systems
  • thermal measuring instruments
  • plasma power generators
  • remote plasma sources, electrostatic products
  • AC-DC and DC-DC power supplies
  • thyristor power controls
  • global support services
  • Digital Thermometers and Temperature Probes & Sensors
  • Intrinsically Safe Test & Measuring Instruments
  • Humidity Measurement Instruments
  • Microwave & RF Instruments
  • LCR Meters
  • Ohmmeters
  • Grounding & Bonding Instruments
  • Signal Source & Waveform Amplifiers
  • Ratio Standards and Electrical Safety Instruments
RevenueIncrease US$1,850 million (FY 2022)
Increase US$299.5 million (FY 2022)
Increase US$244.8 million (FY 2022)
Total assetsIncrease US$1,992.2 million (end of FY 2022)
Total equityIncrease US$1,066.3 million (end of FY 2022)
Number of employees
~12,000 (end of FY 2022)
SubsidiariesSL Power Electronics
Websiteadvancedenergy.com

Advanced Energy Industries, Inc. is an American multinational technology company headquartered in Denver, Colorado that develops precision power conversion, measurement and control technologies for the manufacture of semiconductors, flat panel displays, data storage products, telecommunications network equipment, industrial coatings, medical devices, solar cells and architectural glass.

General

Founded in 1981 in Fort Collins, Colorado, USA, by Doug Schatz, Advanced Energy operates in regional centers in North America, Asia, and Europe, and offers global sales and support through direct offices, representatives, and distributors. The company has manufacturing facilities in the U.S., EMEA and Asia.

Advanced Energy produces products that are required for the manufacture of many plasma thin-film industries as well as semiconductor, flat panel displays, data storage, telecommunications networks, solar cells, medical devices and architectural glass.

Advanced Energy has a main factory in Simpang Ampat, Seberang Perai, Penang, Malaysia; the original Fort Collins headquarters is now a design and service center.

It once manufactured and sold gas-system products for semiconductor, but withdrew from the market of gas-system products. It also once manufactured utility-scale solar inverters.

Products

Advanced Energy's Products include high and low voltage power systems, thermal measuring instruments, DC and RF plasma power generators, remote plasma sources, electrostatic products, AC/DC and DC-DC power supplies, and thyristor power controls. The company also offers services globally.

Its largest customers are Advanced Semiconductor Materials, Lam Research, Tokyo Electron, and more.

Historical highlights and acquisitions

See also

References

  1. ↑ "2022 Annual Report" (PDF).
  2. 1 2 Non-GAAP Measures. Advanced Energy's non-GAAP measures exclude the impact of non-cash related charges such as stock-based compensation and amortization of intangible assets, as well as discontinued operations, and non-recurring items such as acquisition-related costs and restructuring expenses.
  3. ↑ "Advanced Energy Industries Inc". Bloomberg.com.
  4. ↑ "Advanced Energy reports sales, earnings increases, but lags estimates". Loveland Reporter-Herald. 2021-08-06. Retrieved 2021-09-02.
  5. ↑ "Advanced Energy to Participate at Upcoming Investor Conferences". www.businesswire.com. 2021-08-03. Retrieved 2021-09-02.
  6. ↑ "Denver-bound energy-device manufacturer strikes $400M expansion deal". Business Journals.
  7. ↑ Ferrier, Pat. "Fort Collins-based Advanced Energy acquires Artesyn Embedded Power Business, creating $1.3B company". The Coloradoan.
  8. ↑ "EE student wins Advanced Energy Scholarship". University at Buffalo.
  9. ↑ "Advanced Energy Buys Tegam For $18 Mln Cash". Business Insider.
  10. ↑ "Advanced Energy Acquires Versatile Power". Nasdaq. Retrieved 24 September 2021.

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