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ASCO Power Technologies was founded in 1888 and developed the first commercially available automatic transfer switch in 1920. On November 1, 2017, ASCO Power Technologies was sold by Vertiv to Schneider Electric for $1.25 billion. [1] [2]
One Energy was founded in 2009 in Marshall, Minnesota. [4] In 2011, the company moved its office to Findlay, Ohio, where it installed a project for Cooper Farms in Van Wert, Ohio. [5] Since then, One Energy has continued to develop projects consisting of typically 1-3 wind turbines (each 1.5 MW) of on-site wind energy for industrial energy users.
In 2017, Vertiv sold its ASCO power switch business to Schneider Electric for $1.25 billion. [15] The company made three acquisitions in 2018: Energy Labs, Geist and MEMS. Through a merger with a Goldman Sachs -led special purpose acquisition company , GS Acquisition Holdings, Vertiv became publicly traded on the New York Stock Exchange (NYSE ...
Automatic Electric Company (A.E. Co.) was an American telephone equipment supplier primarily for independent telephone companies in North America, but also had a worldwide presence. With its line of automatic telephone exchanges, it was also a long-term supplier of switching equipment to the Bell System, starting in 1919. [1]
FirstEnergy Corp. is a privately owned electric utility headquartered in Akron, Ohio.It was established when Ohio Edison merged with Centerior Energy in 1997. Its subsidiaries and affiliates are involved in the distribution, transmission, and generation of electricity, as well as energy management and other energy-related services.
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The value of U.S. power and utilities deals fell over the last year to $27.8 billion, down by 36% from 2023, as political uncertainty ahead of the Nov. 5 presidential election slowed transactions ...
A trigatron is a type of triggerable spark gap switch designed for high current and high voltage (usually 10–100 kV and 20–100 kA, though devices in the mega-ampere range exist as well). It has very simple construction and in many cases is the lowest cost high energy switching option.