Power-One Licenses Digital Power Management Technology to Murata
Power-One, Inc. announced from the Digital Power Forum that it has agreed to a license transfer from C&D Technologies, Inc. to Murata Manufacturing Co. Ltd.. The transfer of the license had been requested by Murata, as part of Murata’s purchase of C&D’s Power Electronics Division (PED). The sale was completed on August 31, 2007.
Under the terms of the license agreement, Murata will now succeed C&D as licensee, and will join the Z-Alliance™. Murata will manufacture Power-One’s product line and actively promote the sale of Z-One compliant products.
"We are delighted to have Murata join the Z-Alliance™ and be a licensee for the Z-One® digital power management system," said Bill Yeates, Power-One’s Chief Executive Officer. "The acquisition of the PED group positions Murata as one of the leading dc-dc converter companies in the world, and their strong presence within the Asia/Pacific, Japanese, North America and Europe regions makes them a very powerful Z-Alliance partner.
"We are confident that our customers will welcome Murata as a respected and committed second-source addition to the Z-Alliance. Murata is a top quality and respected company. We continue to execute our strategy to provide our customers with the highest quality products in the market. This addition of a powerful Z-Alliance member and our recent 60A ZY8160 product announcement, which provides triple the output power range of previous digital products, should continue to increase the adoption rate of our Z-One products. Our presence within this market is becoming increasingly powerful as we extend the reach of products developed as part of the Z-Alliance. Our products have been in the market now for over two years, while our competitors have yet to market any tangible products."
Dr. William Bachrach, General Manager of PED, who will take on the role of President of Murata Power Solutions, commented, "We are excited to continue our role as a member of the Z-Alliance, and now bring even stronger worldwide support for the adoption of Z-One products as Murata Power Solutions. Z-One capabilities for advanced power system configuration and control, combined with an easy to use graphical user interface, create an unbeatable technical proposition. Growing support for the Z-Alliance, along with our continued membership, create an unbeatable business proposition."