In order to strengthen its position in the rapidly growing DIN rail power supply market, TDK-Lambda has acquired the Swiss company Nextys. Details regarding the purchase price were not disclosed.
The advent of Industry 4.0 and the Smart Factory is expanding the market for highly reliable DIN rail power supplies. Also the convenience of the DIN rail mounting standard is driving adoption in other high end equipment segments including medical and semiconductor manufacturing. Additionally, the fast-developing renewable energy market is driving further growth.
Nextys designs and manufactures a comprehensive portfolio of DIN rail power supplies and accessories, which complement TDK-Lambda’s product portfolio. Through the acquisition TDK-Lambda will strengthen its market position in the fast growing DIN rail power supply business. TDK-Lambda will make Nextys a wholly-owned subsidiary and will be operating under the name TDK-Lambda Nextys.
»We are pleased to welcome Nextys to the TDK family«, said Adam Rawicz, Managing Director, TDK-Lambda EMEA. »The DIN rail power supply market is growing much faster than many other segments and the specialist expertise of the Nextys team will enhance our position as market leader in industrial power supplies. Also, our strong global sales channels will substantially increase the opportunities for Nextys products«.
Marius Ciorica, CEO and founder of Nextys, added: »The inclusion of Nextys’ innovative solutions for DIN rail powered equipment to the portfolio of TDK-Lambda, the market leader in industrial power supplies, will consolidate the prospect of development of this business for both players. Our team is ready to bring its contribution to the enhancement of TDK presence in the DIN rail segment«.