Mission Critical Electronics (MCE) is to acquire Xantrex, a developer, manufacturer, and marketer of advanced power electronic products and systems for the mobile power markets, originally part of the solar activity of Schneider Electric.
“We are delighted to have Xantrex join 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,” said Kevin Moschetti, chief executive officer of MCE. “The synergies that exist between our companies will provide more value for end-users, original equipment manufacturers, and distribution partners.”
MCE 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.
“This is a very exciting juncture for Xantrex. Joining forces with MCE - who are 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,” said Richard Gaudet, vice president and general manager at Xantrex. “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.”