updated 2/24/2011 10:16:35 AM ET 2011-02-24T15:16:35

CAMARILLO, Calif. and SUNNYVALE, Calif., Feb. 24, 2011 (GLOBE NEWSWIRE) -- Power-One, Inc. (Nasdaq:PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, and Maxim Integrated Products (Nasdaq:MXIM), announced today that they entered into a non-exclusive, worldwide, Field of Use agreement for Digital Power Technology (DPT) patents from Power-One.

Digital power management provides the end-users with increased control, efficiency and performance, enabling OEM products and data centers to run more efficiently. DPT dynamically reacts to the power needs of the system, reducing the number of analog board-mounted components, thereby creating a smaller footprint. Digital power provides access to critical system information including current and voltage, enabling the system to monitor the power consumption at the highest possible resolution.

"Power-One is pleased to license its digital power management technology to Maxim, a market leader in the power-management IC industry, for incorporation into its products," said Steve Hogge, President of Power Solutions at Power-One. "With the expanding number of leading power companies partnering with Power-One, we will continue to grow the market by providing energy-efficient technologies with increased functionality for our customers."

"The DPT patents enable Maxim to incorporate serial bus communication and configuration capability to point-of-load power solutions, enabling a new level of flexibility and reliability to power subsystem designs," said Jim Templeton, Director of Business Management at Maxim. 

To learn more about Power-One products, please visit www.Power-One.com .

About Power-One

Power-One designs and manufactures energy-efficient power conversion and power management solutions for alternative/renewable energy, routers, data storage and servers, wireless communications, optical networking, semiconductor test equipment, industrial markets and custom applications. Power-One, with headquarters in Camarillo, California, has global sales offices, manufacturing, and R&D operations in Asia, Europe, and the Americas. Power-One is a public company listed on NASDAQ under the ticker symbol PWER. For more information about the Company, please visit www.power-one.com .

The Power-One, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7338

About Maxim Integrated Products

Maxim Integrated Products is a publicly traded company that designs, manufactures, and sells high-performance semiconductor products. The Company was founded over 25 years ago with the mission to deliver innovative analog and mixed-signal engineering solutions that add value to its customers' products. To date, it has developed over 6400 products serving the industrial, communications, consumer, and computing markets. Maxim reported revenue of approximately $2.0 billion for fiscal 2010. A Fortune 1000 company, Maxim is included in the Nasdaq 100, the Russell 1000, and the MSCI USA indices. For more information, go to www.maxim-ic.com .

CONTACT: For Sales or Product Inquiries:
         Power-One, Inc.
         Rob Russell, 978-273-3187
         Vice President Marketing & Product Management
         robert.russell@power-one.com
         
         For Investors:
         Power-One, Inc.
         Kevin Trosian, 805-987-8741
         Vice President, Finance & Investor Relations

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 5.09%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.67%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.34%
13.32%
Cash Back Cards 17.82%
17.81%
Rewards Cards 17.07%
17.06%
Source: Bankrate.com