LONDON (Thomson Financial) - Magnetek Inc., which provides digital power and
motion control systems, said it has acquired the DDC Direct DC Drive product
line from Saminco Inc.
It added it has also acquired the associated DDC technology, patent and
intellectual property rights from co-owners Eaton Corp and Saminco.
Magnetek had a brand label supply agreement with Eaton Corp from 2006 to
provide sales, support and service of direct DC drive systems, marketed under
its OmniPulse brand name, to the material handling industry.
Financial terms were not disclosed.
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