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CUI Global subsidiary signs hardware development agreement with Virtual Power Systems.

TELECOMWORLDWIRE-January 22, 2016-CUI Global subsidiary signs hardware development agreement with Virtual Power Systems


CUI Global, Inc. (NASDAQ: CUI) subsidiary CUI Inc has entered into a limited exclusivity agreement for hardware development with Virtual Power Systems (VPS), the company said.

The companies will partner to set a new standard for an efficient power infrastructure for data centers.

With this agreement, CUI will exclusively design, manufacture, and sell the ICE Block hardware component of the ICE (Intelligent Control of Energy) system that realizes the full value of the VPS solution.

The ICE Block hardware is managed and controlled through the ICE Platform, a tightly integrated suite of software developed by VPS. The ICE Block will enable data center operators to double power and server utilization, reduce costs, and greatly improve availability.

This partnership between the two organizations is the first step in creating a larger software defined power ecosystem, from board level to system level, ultimately creating a more intelligent, more efficient data center infrastructure.

CUI Global acquires and develops innovative companies, products and technologies.

CUI Inc is a technology company dedicated to the development, commercialization, and distribution of new, innovative electro-mechanical products.

Virtual Power Systems is a software defined power[R] company that transforms how data centers provision, manage, and utilize power capacity.

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Date:Jan 22, 2016
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