Mission Critical Electronics (MCE) recently acquired Xantrex, which specializes in the development, manufacturing and marketing of advanced power electronic products and systems for the mobile power markets.
Xantrex was part of the solar activity of Schneider Electric. Financial details of the transaction were not disclosed.
“We are delighted to have Xantrex join MCE,” said Kevin Moschetti, chief executive officer of MCE. “Xantrex’s products are high-quality, technologically advanced and valued by its customers. Moreover, Xantrex’s portfolio of power products, end markets and distribution partners are highly complementary to MCE. The synergies that exist between our companies will provide more value for end-users, original equipment manufacturers and distribution partners.
“Most importantly, I am excited about the new growth platforms available, the talent level of the Xantrex people and the new career opportunities that will be opened.”
MCE, headquartered in Huntington Beach CA, designs, manufactures, and distributes electronic power products that fit a variety of mission-critical applications in emergency and specialty vehicles, marine, public safety, wireless networks, industrial power, mobile communications and mobile computing.
Xantrex products are used in a variety of applications, including military, construction, EMS, bus, work service vehicle and commercial truck markets.
“This is a very exciting juncture for Xantrex,” said Richard Gaudet, vice president and general manager of Xantrex.
“Joining forces with MCE, which is as passionate about high-quality vehicle and marine power solutions as we are, is sure to deliver tremendous value for our customers, suppliers and other business partners. I am excited at the opportunities this will generate to accelerate our combined growth, the career possibilities for employees and our shared top priority of satisfying our customers.”