Airity Technologies
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Power-electronics technology development.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Airity Technologies is founded in Redwood City, California, developing next-generation high-voltage power conversion products and technologies for semiconductor, industrial, and medical markets, backed by investors including Lam Capital, the US National Science Foundation, VentureWell, and Yu Galaxy.
- Acquired by Advanced Energy
On June 24, 2024, Advanced Energy Industries, Inc. (Nasdaq: AEIS) announces the acquisition of Airity Technologies, adding its portfolio of Gallium Nitride (GaN)-based high-frequency power conversion and pulsing technologies. The terms are not disclosed; the deal is expected to be immaterial to Advanced Energy's 2024 financial forecasts.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.