September 30, 2022
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Swiss firm snags Power-One at bargain price

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A “tumultuous” time in the solar industry in Europe has given Swiss industrial group ABB the chance to expand into the industry at a bargain price with the acquisition of Camarillo-based Power-One. Power-One, a maker of inverters for solar power systems, is set to be acquired by the Zurich-based maker of power and control systems…

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