31 Oct '11, 1pm

The Switch continues to pursue its successful business strategy as an

Vantaa, Finland – October 31, 2011 – The Switch, a leading provider of permanent magnet generator and full-power converter packages, told today that it will continue to pursue its successful business strategy as an independent company following the announcement by its shareholders and power technology company AMSC regarding the termination of the previously announced acquisition agreement. The Switch is well-positioned to continue to serve global wind power manufacturers as a partner of choice with the preferred technology for renewable energy. The success of The Switch has been based on partnerships, and AMSC has become yet another valuable partner for The Switch despite the acquisition outcome. “The fundamentals of our business strategy remain in place and the outcome of the proposed acquisition will not change our position in the market. We are an independent component ...

Full article: http://www.renewableenergyworld.com/rea/partner/the-switc...

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