Laird Technologies Inc., supplier of customized performance-critical components and systems for advanced electronics and wireless products, has acquired Nextreme Thermal Solutions Inc., the US based developer of thin-film thermoelectric technologies.
Nextreme specializes in providing high precision cooling in an ultra-small form factor, which will advance Laird’s leadership in its existing thermal management business, according to chief executive David Lockwood.
Nextreme and Laird currently have a strategic design and distribution partnership, but the acquisition enables wider market access to serve current and potential new customers in application areas such as sensors, solar power and LEDs. In addition, Laird provides the ability to rapidly scale-up Nextreme’s operations in order to exploit the full potential of these next generation products.
“Nextreme is the next generation in technology for thermoelectrics. It can fundamentally change the way we cool electronics at the most integrated levels while being produced in large volumes. This significant shift in technology will also enable new applications such as energy harvesting,” adds Lockwood. “Nextreme is an excellent fit with our business growth strategy. Through this acquisition we will combine the most innovative technology with our market presence and ability to scale operations, to deliver added value to our customers and enable us to move into new segments.”