National Semiconductor has acquired Act Solar Inc, a privately held solar energy company that provides power optimization solutions for commercial and utility-scale solar installations. 

Brian Halla, National Semi’s chairman and CEO, specifically noted at the time that the cost-reduction actions would help the Santa Clara, Calif-based company to remain competitive as it continues to focus on growing markets that can benefit from its energy-efficiency initiatives. 

With the acquisition of Act Solar, National Semi expands its existing portfolio of power optimization technologies. The company also gains with the acquisition new diagnostics and panel monitoring capabilities for solar arrays.

 “National Semiconductor is applying its PowerWise capabilities to drive new energy generation and efficiency initiatives in the solar panel marketplace,” said Mike Polacek, senior VP of National’s key market segments, in a statement Thursday. “Now with Act Solar we can further improve the performance and efficiency of solar systems, at the same time providing monitoring capabilities not available before. This will make solar installations more efficient and ultimately reduces the cost of solar energy for everyone.”

National Semi did not disclose the price of the acquisition.

By: DocMemory
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