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Oct 14th, 2013
 
Amantys announces strategic investment from Avago Technologies
 
Amantys announced that Avago, a leading supplier of analog interface components for communications, industrial, and consumer applications, has invested $5M in power electronics innovator Amantys as part of a strategic investment agreement between the two companies.
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Commenting on the investment, Amantys Chairman Pete Magowan said: "Attracting Avago as a strategic investor is a significant endorsement of the progress at Amantys and a great match for exploiting our vision for the future of the power electronics industry."

The company can now accelerate critical IGBT driver development programs to enhance our roadmap of innovative, cost effective gate drive solutions.”

As part of the investment, Martin Weigert, Avago’s GM Industrial Fibre Products, will join the Amantys board as a non-executive director.

 

 
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