Transmission and Distribution

Pathion to acquire Ideal Power’s power conversion business unit and technology

Pathion Holdings and its subsidiary, Pathion Inc. (together, PATHION) a provider of safe and intelligent energy solutions has entered into an agreement with Ideal Power (IPWR), a semiconductor and power conversion technology company, to purchase Ideal Power’s Power Conversion Systems business and Power Packet Switching Architecture (PPSA) technology for a combination of cash and shares of common stock in Pathion Holdings.