Delta Electronics invests in Delta Controls, Loy Tec, Innocontrol to tap building automation market

Power supply maker and energy management solution provider Delta Electronics has revealed it will acquire a 100% stake in Canada-based Delta Controls at CAD220 million (US$175 million) and has already acquired both Austria-based Loy Tec electronics GmbH and Innocontrol electronics GmbH at EUR72 million (US$81.4 million) to tap the building automation market.

from DIGITIMES: IT news from Asia http://ift.tt/23kOuwX
via Yuichun