NOTE:  Micro Power Electronics, Inc. was aquired by Electrochem Solutions, Inc. in late 2011.  Please visit http://www.linkedin.com/company/582890

Electrochem Announces Completion of Micro Power Electronics Acquisition


CLARENCE, N.Y.--(BUSINESS WIRE)--Electrochem Solutions, Inc., a subsidiary of Greatbatch, Inc. (NYSE:GB), today announced that it has successfully completed its previously announced acquisition of Micro Power Electronics. In connection with this transaction, Electrochem paid $60 million in cash and assumed debt and certain transaction-related payments and expenses. Greatbatch financed this acquisition with cash on hand and borrowed $45 million under its revolving credit facility.

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Micro Power Electronics (now Electrochem Solutions, Inc.)

Micro Power Electronics (now Electrochem Solutions, Inc.)'s headquarters in Beaverton, OR, United States

Chu Zapata

Lipasa Nayak

This department focuses on providing technical support and engineering expertise for various projects.

Micro Power Electronics (now Electrochem Solutions, Inc.)

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Micro Power Electronics (now Electrochem Solutions, Inc.)

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