Martek Power moves into laser and lighting power supply market with acquisition of Laser Drive

TORRANCE, Calif., 6 Aug. 2010. Leaders of power electronics specialist Martek Power Inc. in Torrance, Calif., are boosting their company's expertise in laser power supply and lighting power supply applications with their acquisition of Laser Drive Inc. in Gibsonia, Pa. The newly acquired company has been renamed Martek Power Laser Drive LLC.

"Our customers will greatly benefit from the combining of Laser Drive's technology with Martek Power's manufacturing expertise," says Market Power President Mike Innab.

"Martek Power will help Laser Drive address market segments that we have not been able to in the past," says Phil Thackray, director of research and development at Martek Power Laser Drive. The acquisition will enhance Martek Power's presence in the laser and lighting power supply market where the company can take advantage of significant opportunities for growth, company officials say.

For more information contact Martek Power online at www.martekpower.com, or Martek Power Laser Drive at www.laserdrive.com.