Advanced Energy Industries Inc.

NASDAQ:AEIS   3:59:54 PM EDT
104.06
-0.54 (-0.52%)
Other Pre-Announcement, Mergers / Acquisitions

Advanced Energy Industries Says Acquired Tegam Inc

Published: 06/02/2021 10:24 GMT
Advanced Energy Industries Inc. (AEIS) - Advanced Energy Strengthens Leadership in Rf Process Power Solutions With Acquisition of Tegam.
Advanced Energy - Under Terms of Agreement, Co Paid $18 Million in Cash for Acquisition, Subject to Customary Adjustments for Net Working Capital.
Advanced Energy Industries Inc - Co Expects Acquisition to Be Accretive to 2021 Earnings on a Non-GAAP Basis.