N2Power Signs License Agreement With Power-OneMay 09, 2001 by Jeff Shepard
N2Power Inc. (Westlake Village, CA) announced the signing of a non-exclusive license agreement, granting Power-One Inc. (Camarillo, CA) rights to use N2Power's patented technology. Under the terms of the agreement, Power-One will use the technology to market and sell power supplies targeted at high-density, space-constrained applications.
David B. Barton, president and CEO of N2Power, commented, “We are very excited about the relationship with Power-One. N2Power's advanced design, with features such as PFC and high efficiency, will allow both companies to provide economical power solutions for the ever-increasing hardware demands of the Internet."