Lineage Power buys PECO II

Telecoms power specialist, Lineage Power, has entered a merger agreement to purchase all the outstanding shares of PECO II.

“Together, the combined product portfolios and nationwide support infrastructure creates one of the largest and most capable professional services organizations for telecom power in North America,” Lineage Power, a Gores Group company, said. “PECO II’s high standards for customer responsiveness, service quality and easy-to-use energy systems are strengthened with Lineage’s global scale and broad solution set. In addition, the comprehensive, US-based engineering, product qualification, and support services address end-to-end power requirements for broadband, wireless and wireline service providers.”

“Wireless subscriber network usage for Mobile Internet applications is growing 30 percent a year, driving service providers to invest billions to deploy an order of magnitude of more cell sites that require our unique power solutions,” said Craig Witsoe, CEO of Lineage Power. “Our immediate priority is to engage with our customers to develop a joint technology roadmap that delivers leading products, rapid availability and the industry’s best customer experience. We’re also developing cost-effective modules for the PECO II energy systems installed base that lower utility and cooling expenses with Lineage Total Efficiency (TE) technology to extend the product’s useful lifecycle and ensure no power plant is left behind.”

The combined telecom power products portfolio for Mobile Switching Centers (MSC); outside plant (OSP) optical backhaul networks; and cell sites accelerates deployment of 4G/LTE and 3G network upgrades, while providing centralized visibility and control of the telecom power infrastructure for customers such as AT&T and Verizon.

The acquisition of PECO II is the second acquisition made by Lineage since it was acquired by The Gores Group from Tyco Electronics in 2007. The move is part of the continuing growth plan devised by The Gores Group to provide Lineage with financial and operational support to expand its geographic capabilities and products portfolio through acquisitions. Lineage Power previously acquired Cherokee International in September 2008.

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Tags: alternative energy, clean energy, green energy, Lineage Power

Category: Data centres, Renewables, Smart grids