Phil Thackray, Dir of R&D, Laser Drive said Martek Power will help Laser Drive address new market segments that we have not been able to in the past. As a result of this acquisition, Martek Power will have a greater presence in the laser and lighting power supply market, where there is significant opportunities for growth. Our (Laser Drive’s and Martek Power’s) customers will greatly benefit from the combining of Laser Drive’s technology with Martek Power’s manufacturing expertise… said Mike A. Innab, President, Martek Power, Inc. The combined business will further extend Martek Power’s existing broad range of product offerings and increase its industry leading position in the power supply market.
Laser Drive Inc. acquired by Martek Power
Martek Power announced the acquisition of Laser Drive, Inc. in Pennsylvania. Laser Drive, Inc. is a company specializing in the design, development, and production of power supplies for various laser and light sources. This latest addition to Martek Power is now Martek Power Laser Drive, LLC.