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VxI acquires rights to manufacture Morven power supplies
27.6.2005

 

Power supply manufacturer VxI Power has acquired the intellectual-property rights of Morven Electronics’ complete range of products, which include battery chargers, DC/DC converters, DC/AC inverters, and switch-mode and linear PSUs.

Morven has been manufacturing these products in Glasgow since 1992, but the business is closing as part of the retirement plans of founders Peter and Janice Newland, and production of the entire range has now been transferred to VxI’s 9500ft2 factory in Lincoln.

Under the terms of the agreement, Peter Newland will be retained as a consultant, helping VxI with the design and development of new products for Morven’s traditional markets in the marine, automotive, professional audio and telecommunications industries.

In addition, Morven sales manager Paul Brooks and other key staff will be working with VxI to ensure that customers continue to receive ongoing support.

Commenting on the move, VxI’s technical director, Grant Ashley, said: “This is an important development for VxI as it gives us a much broader range of standard products, increases our customer base and further strengthens our position in the battery-management sector of the market.”

VxI has enjoyed steady organic growth since it was set up in 2003 by former employees of Bulgin Power Source to design and manufacture intelligent battery-backed power supplies and custom PSUs, and the Morven range forms an ideal complement to VxI’s existing product portfolio.

Orders for Morven products can now be placed directly with VxI on 01522 500511.
For further product information, visit www.morven.co.uk or www.vxipower.com.

Further information from:
Grant Ashley,
VxI Power Ltd.
Tel: +44 (0)1522 500511 Fax: +44 (0)1522 500515,
E-mail: grant.ashley@vxipower.com

Issued by:
Rick Bauling,
RJB Communications.
Tel: +44 (0)1234 782255 Fax: +44 (0)1234 782744,
E-mail: rbauling@rjbcoms.com

27th June 2005 Ref. VX011A
 

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