McLED

Organizations

Nuventix Acquired By Aavid Thermalloy

Nuventix is excited to announce that we have been acquired by Aavid Thermalloy. In joining the growing Aavid Thermalloy family, Nuventix’s deep experience with SynJet technology will be scaled and leveraged to enable broader adoption by the Lighting Industry, as well as enabling a large scale…

LED professional Editors

LED professional

Alan Wong - Aavid CEOAlan Wong, Chief Executive Officer of Aavid, stated, “Aavid is very excited to be joining forces with Nuventix. Nuventix has developed cutting edge thermal management technologies and products since its inception. Their focus on product development and global customer service is a great fit with Aavid’s strategy. We look forward to growing Nuventix by leveraging its technology portfolio to create innovative solutions for our electronics and telecommunications customers.”

Jim Balthazar - Nuventix CEOJim Balthazar, Chief Executive Officer of Nuventix, affirmed “The fit between Nuventix and Aavid was obvious from the very beginning. By adding our expertise in developing the world’s most compact and reliable air movers to Aavid’s world-class global account management execution, we are insuring that more people will have access to the technology and products it enables. We are delighted to be part of the Aavid family; this will be a great benefit to our current and future customers.”

To our current customers we would like to say thank you for your belief in us and our products. It has been an impressive eight years and we have been lucky enough to work with amazing clients across the world. We are extremely excited about this next chapter and to serve you moving forward! Nuventix products and technology will only improve as we join with Aavid.

Nuventix will be reaching out to existing customers to answer any questions you may have. If you have any immediate questions, please don’t hesitate to contact your Nuventix representative or contact Nuventix via the website.

About Aavid Thermalloy:
Aavid was founding in 1964 as Aavid Engineering and over the past 50 years has positioned itself as a world leader in thermal management solutions. Aavid has partnered with most major electronics companies due to the fact that it provides the industry’s broadest array of cooling products, from the small board level cooling solutions to thousands of kilowatts industrial applications. With dedicated sales and engineering resources and factory locations around the globe, Aavid can deliver cooling solutions for any thermal management needs around the world. The company retains ISO Certifications in North America, Europe, Asia, and India. In addition to the company’s global design and manufacturing capabilities, the account management and customer service available around the world is unparalleled. Aavid looks forward to working with Nuventix and continuing to push the boundaries of possibilities in thermal management.

Did you like this article?

Share this article

You could also like this

Organizations

PLUTA provisional administrator seeks investor for LED specialist lichtline

PLUTA Rechtsanwalt Peter Roeger has been appointed provisional insolvency administrator for lichtline GmbH after the company filed for insolvency due to liquidity problems from declining sales. The business continues to operate with 27 employees whose wages are covered by insolvency pay for three months, and efforts are underway to secure advance financing. Roeger and colleague Maximilian Wanko are assessing options to continue operations and restructure, while preparing to seek an investor or buyer to take over and run the business long-term. Company management says it remains committed to finding a solution.

Organizations

DigiKey to invest $100M in PDC and order management expansion

DigiKey will invest $100 million over the next 18 months to expand its global Product Distribution Center (PDC) in Thief River Falls, Minnesota, and to upgrade its Order Management System (OMS). The capital will fund additional high-volume picking capacity, automated multi-line packaging systems, and improvements to order-fulfillment and packaging workflows to support the company’s same-day shipping model amid rapid growth. DigiKey expects to support continued double-digit growth after a year of exceptional performance and aims to build capacity ahead of demand by using scalable infrastructure and automation to maintain fast shipping for its global customer base.

Organizations

Gallant Capital Partners announces term loan commitments for Lumileds; Chuck Swoboda participates

Gallant Capital Partners announced that funds it manages have provided additional term loan commitments under one of Lumileds Holding B.V.’s existing senior secured term loan credit facilities to provide liquidity for operations and strategic initiatives. Gallant previously acquired a majority position in the Company’s senior secured term loan facilities on August 18, 2026. Chuck Swoboda has participated alongside Gallant. The commitments are intended to support product development, supply continuity, on-time delivery, and Lumileds’ multi-year product and technology roadmaps while Lumileds’ existing leadership continues to manage the business.

Organizations

Signify Austria realigns sales strategy, focuses on indirect partner sales

Signify Austria will stop direct sales of professional lighting and shift to a partner-based model, with ELEKTRON Austria taking responsibility for end-customer projects starting Jan 1, 2027.

Luminuscree ledEdison optoTE connectivityLTF TechnologyLoreos

The latest Press Releases

Explore All

Stay current with our monthly Update from the lighting industry

LEDprofessional Newsletter

You will receive a confirmation e-mail. Unsubscribe anytime.