SOLAREDGE TO ACQUIRE GAMATRONIC

INDUSTRY NEWS: posted 17 May 2018

PRESS RELEASE – Solar SolarEdge Technologies, Inc. (“SolarEdge”) have announced that they have signed a definitive agreement to acquire the assets of Gamatronic Electronic Industried Ltd. 

This acquisition will provide Gamatronic customers with more opportunities for product expansion and offerings in the UPS market. 

Once the transaction closes, Gamatronic will operate as part of  The acquisition will enable to leverage SolarEdge’s technology  leadership, global presence and financial strength to grow the business ofGamatronic and bring its existing  products, as well as innovations, to current and new customers.  

The acquisition is expected to close toward the end of the second quarter of 2018.

Once the transaction closes, Gamatronic will operate as part of SolarEdge. 

About SolarEdge:

SolarEdge is a SolarEdge is a global leader in smart energy and provides innovative products to a broad range of solar market segments, from residential solar installations to commercial and utility-scale solar.  The company is publicly-traded on NASDAQ (NASDAQ: SEDG) with a market cap of more than USD $2.5bn and notable financial strength. 

About Gamatronic:

Founded in 1970, and having served the UK for over 15 years, Gamatronic, Inc. is on the leading edge of the uninterruptible power supply market, focusing on reliability, efficiency and environmental impact. From personal computers to small businesses to large-scale industrial facilities, Gamatronic provides a full spectrum of integrated power supply solutions. Their diverse product line includes control and monitoring systems, converters, inverters, static switches, and UPS systems to backup any load. 

Through the launch of innovative products, Gamatronic has pioneered modular design, built to scale as demand grows. Gamatronic regularly introduces inventive features before they become market standards. The company is proud to have been one of the first to offer true online modular UPS systems in the world. 

Gamatronic’s outstanding technical team tailors their products to meet the diverse needs of the ever changing market. With representation throughout the world, we are proud to support prestigious clients such as GE, Siemens, British Telecom, Heathrow, Motorola, and many more. 

Customers who choose Gamatronic can expect high performance products that leverage modularity to offer a truly customized power management solution. 

For more information, please visit www.gamatronic.co.uk or contact Dina Belkin on +44 (0) 1480 479889

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