Vette Corp Acquires ERM Thermal Technologies, Inc.; Acquisition Expands Vette's Manufacturing & Thermal Cooling Product Line Leadership.MANCHESTER, N.H. -- Vette Corp, a leading global provider of thermal management solutions, has acquired ERM (Enterprise Relationship Management) An umbrella term with many shades of meaning over the years. It may refer to the management of information from any or all of an organization's customers, suppliers, business partners and employees. Thermal Technologies, Inc., of Ontario, New York
Ontario is a town in Wayne County, New York, United States. The population was 9,778 at the 2000 census. The town is named after the Great Lake on its northern border. . The acquisition continues Vette's growth towards becoming the leading manufacturer and global supplier of total thermal solutions for the computer and industrial electronics markets, with extensive manufacturing, engineering and supply chain logistics. Terms of the acquisition were not released. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Vette's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. George Dannecker, "ERM is a good fit with Vette's product and customer service strategies. The acquisition gives Vette Corp the manufacturing capabilities for liquid cooled See water cooled. and bonded fin heat sinks required for cooling high power electronics. These applications include RF power, x-ray and medical equipment, solar power, hybrid electric cars, trains, escalators and people movers. The acquisition continues our commitment to manufacture the broadest and most complete family of thermal cooling solutions for our customers around the globe and is a perfect complement to our high-volume, low-power solutions provided by our China-based manufacturing. "ERM's customers gain access to a broader portfolio of thermal solutions and global supply chain support with the market advantage of the lowest landed cost for their thermal solutions that comes from working with the only global thermal solution provider that owns and operates all of its manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. ," Dannecker concluded. Thermal Management Continues to Grow The power semiconductor electronics market includes power supplies and uninterruptible power supplies See UPS. (hardware) Uninterruptible Power Supply - (UPS) A battery powered power supply unit that is guaranteed to provide power to a computer in the event of interruptions in the incoming mains electrical power. , motor controls, and traction drives in applications such as telecommunications, industrial controls, power conversion, transportation, alternative energy and aerospace. Leading analyst firms expect the worldwide electronic thermal market to grow by 8.8% annually for the next two years (estimated at $4.4 billion for 2006) with thermal solutions for power electronics representing a $2.2 billion market. Vette's thermal management technologies remove heat that diminishes the performance of electronic products in an increasingly wide array of industries. Heat dissipation Noun 1. heat dissipation - dissipation of heat chilling, cooling, temperature reduction - the process of becoming cooler; a falling temperature problems in electronic components and systems increase as more powerful computer chips, increased system integration, smaller form factors, and more sophisticated power requirements continue to be driven by consumer demands. About Vette Corp Vette Corp is a global thermal management solutions provider specializing in solving thermal challenges for the leading OEMs in both the computer and industrial electronics industries. As electronic systems increase in functionality and complexity, heat-related factors have a greater impact on product development cost and time-to-market. Vette maintains a growing IP portfolio; design and applications engineering in Asia and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ; extensive Asian manufacturing and a customer list of blue-chip electronics manufacturers. With high-volume, Asian-based heatsink and fan manufacturing coupled with advanced applications and design teams; Vette Corp offers their global customers the lowest-cost, highest-quality solutions for their most complex thermal problems. For more information, visit: www.vettecorp.com. |
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