Bourns To Acquire Power Innovations

May 31, 2000 by Jeff Shepard

Power Innovations (Bedford, UK) is to be acquired by the US-based Bourns Inc. (Riverside, CA), for an unspecified amount. Power Innovations' silicon plant in Bedford will be made the center for Bourns' worldwide telecom protection products. Expansion will see the creation of 70 new jobs over the next couple of years at the site."This organization will be retained intact, spearheading an organization within Bourns. Bourns has committed to a major investment to upgrade here," stated Ken Sanders, managing director of Power Innovations. He added that Power Innovations will keep its name and also that the Power Innovations management team will stay in place