Semikron 100% takeover of VePOINT joint venture

Semikron takes over the 50:50 joint venture Vepoint. Vepoint will be working with the company Magna E-Car systems, which it will be supplying with power electronics from the Nuremberg site.

Nürnberg, (PresseBox) - Nuremberg, 1st March 2011 - Vepoint is a 100% subsidiary of Semikron Automotive Systems GmbH & Co. KG and consequently part of the international Semikron Group. Vepoint can draw upon a wealth of expertise that the parent company has built up over the past few decades, having established itself as one of the key developers and manufacturers of power electronics for the hybrid and electric vehicles sector.

With its takeovers and cooperation partnerships, Semikron - a one-stop supplier of hybrid and electric technology – is once again pointing the way in the automotive industry. Besides the Vepoint takeover, Semikron has also entered into a joint venture with Drivetek, a service provider in the area of control engineering. Plus, the development specialist for electric control and drive concepts, Compact Dynamics, was the target of a majority takeover by Semikron in 2010.

Vepoint develops and produces power electronic components and systems such as inverters, DC/DC converters and charging devices for the automotive market, optimised for hybrid and electric vehicle applications. The aim here is the reduction of space requirements, achieved by way of increased power density and degree of integration.

“With 50 employees, we are able to meet the ever increasing efficiency demands being placed on power semiconductor technology in the booming hybrid and electric vehicle market. Power electronics remains instrumental with regard to the future e-mobility sector, especially with a view to increasing emissions levels and the scarcity of resources,” explains Riccardo Ramin, Managing Director of Vepoint.

SEMIKRON International GmbH

About VePOINT

The Nuremberg-based company VePOINT has 50 employees and develops and produces inverters, DC/DC converters and charging devices for the automotive market, optimised for use in hybrid and electric vehicles.

About SEMIKRON:

Semikron is an internationally leading power semiconductor manufacturer. 2011 marks the 60th anniversary of the German-based family enterprise which employs 3600 people worldwide. A global network of 35 companies with production plants in Brazil, China, France, Germany, India, Italy, Korea, Slovakia, South Africa and USA guarantees fast and competent on-site customer care.

Semikron is a one-stop provider of chips, discrete semiconductors, transistor, diode and thyristor power modules, power assemblies and systems for markets such as industrial drives, wind and solar, hybrid and electric vehicles, the rail industry and power supplies. Globally Semikron technology powers nearly every second windmill. According to a survey carried out by BTM Consult ApS, the total wind power capacity installed until 2009 was 122 Gigawatt. 57 Gigawatt comprises power semiconductors from Semikron.

The dedication to the hybrid and electric vehicle market is evident in the development and production of power semiconductors for this market but also the majority take-over of Compact Dynamics GmbH, a development specialist for innovative control systems, the joint venture with drivetek, a provider for application-specific control technology, and the take-over of VePOINT, developing and producing inverters, DC/DC converters and chargers.

Semikron is the market leader in the field of diode/thyristor semiconductor modules, enjoying a 30% share of the worldwide market. (Source: IMS Research „The global power semiconductor market 2010”)

www.semikron.com.

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