Vicor Corporation

Vicor Corporation[1]
Public
Traded as NASDAQ: VICR
Industry Diversified Electronics
Founded 1981
Headquarters Andover, MA
Key people
Patrizio Vinciarelli Chairman of the Board, President and Chief Executive Officer
Products See article
Revenue Increase $ 220,194 million USD (2015)
Number of employees
1031 (June 30, 2015)
Website www.vicorpower.com

Vicor Corporation, headquartered in Andover, Massachusetts, designs, manufactures and markets modular power components.

History & Overview

Vicor Corporation, incorporated in 1981 in Andover, Massachusetts,[2] designs, develops, manufactures and markets modular power converters, power system components and power systems using a patented, high-frequency power conversion technology designated zero current switching. Vicor also manufactures and sells complete configurable power systems, accessory products and custom power solutions.

Patrizio Vinciarelli is the Vicor Chairman of the Board, President, and Chief Executive Officer.[3]

In 2004, Ericsson Coporation sued Vicor over a defective Vicor power converter that was incorporated in Ericsson radio base stations. In 2007, Vicor paid Ericsson $37 million to settle the lawsuit.[4]

As of 2013, Vicor has 17 subsidiaries including Picor Corporation, VI Chip Corporation, VLT, Inc., Vicor GmbH, VICR Securities Corporation, Vicor France SARL, Vicor Italy SRL, Vicor Hong Kong Ltd., Vicor U.K. Ltd., Vicor B.V., Vicor Japan Company, Ltd., Vicor Trading (Shanghai) Limited, and Vicor Development Corporation which includes the 5 companies of Aegis Power Systems, Inc., Mission Power Solutions, Inc., Northwest Power, Inc., Converpower Corporation, Freedom Power Systems, Inc. .[5]

Vicor competes with Texas Instruments, Linear Technology, Lambda Electronics, Tyco International, Ltd., Artesyn Technologies, Astec Power, and XP Power Inc.

References

  1. "Annual Report". Vicor 2010 10-K.
  2. "Vicor - Business & TIN Information". Sam.gov. Retrieved 27 May 2014.
  3. Zalma, Barry. "First Circuit On Insurance for Loss of Use". Zalma on Insurance. Retrieved 10 September 2016.
  4. Zalma, Barry (March 22, 2012). "First Circuit On Insurance for Loss of Use". Zalma on Insurance. Retrieved 10 September 2016.
  5. "Vicor 2013 Annual Report & Proxy Statement". Vicor Investor Relations. 2013. Retrieved 27 May 2014.
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