February 23, 2015 — Spellman High Voltage Electronics Corp. announced that it has signed an agreement with Power Valley Technologies of Beijing, China, to purchase the commercial assets and technologies of their power conversion group.
Power Valley was founded in 2013 by a team of medical equipment engineers to develop high-performance digital radiography (DR) generators for emerging markets. Their hallmark product, Zeus, is a high-frequency, 50-65kW output generator that has already been selected for use by a premier medical OEM based in China.
Spellman will relocate key Power Valley technical staff and inventory to its Suzhou manufacturing and engineering center, which was established in 2007 to support the company’s growing customer base in Asia.
The companies expect to finalize the transfer by the end of February.
For more information: www.spellmanhv.com