BNET Industries
Market Cap:$374.0M
Last Fiscal Year Sales:$328.9M
- Public
- US
Dow Jones Description
We design, manufacture, sell and support industrial power conversion products that transform power into various usable forms. Our products enable manufacturing processes that use thin-film deposition for various products, such as semiconductor devices, flat panel displays, solar panels and architectural glass, as well as grid-tie power conversion in the solar market. We also supply gas flow control technology and thermal instrumentation products for control and detection of gases in the thin-film deposition process for these same markets. Our global network of service centers provides local repair and field service capability in key regions. Our installed base provides a recurring revenue opportunity as we offer repair services, conversions, upgrades and refurbishments to companies using our products.
President and Chief Executive OfficerHans Georg Betz
Number of Employees 1,679
Contact Information
1625 Sharp Point Dr
Fort Collins, Colorado 80525-4423
(970) 221-4670
Peer Companies
NAICS Code Other Electronic Component Manufacturing: 334419
Recent Events
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Wunderlich Securities Upgrades Advanced Energy Industries AEIS to Buy
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Advanced Energy Moves To Loss In First Quarter
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Advanced Energy Announces Fourth Quarter and Full Year 2008 Financial Results
News & Analysis
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advanced energy industries inc. - All News and Analysis
Advanced Energy Industries, Inc. Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-04-23
Question-and-Answer SessionOperator Your first question comes from the line of Jim Covello with Goldman Sachs. Go ahead, sir. Kate Kotlarsky - Goldman Sachs Hi. This is Kate Kotlarsky for Jim Covello. I had a couple of questions. One is you talked about the semiconductor market potentially being sort of...
Advanced Energy to Slash 330 Jobs, 22% of Workforce
Seeking Alpha
- 2009-03-13
Greentech Media submits: By Jeff St. John Add Advanced Energy AEIS to the list of solar companies being forced to lay off workers in the face of a global recession. by Greentech Media
Advanced Energy Industries, Inc. Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-02-23
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of CJ Muse – Barclays Capital CJ Muse – Barclays Capital You hinted at inventory at the OEMs I was hoping you could expand on that, how we should think about that...
Advanced Energy Industries: Expect Guidance Below Street
Seeking Alpha
- 2009-02-23
EVENT [[AEIS]] Scheduled To Report Q4 Revs, Q1 Guidance Mon 2.23.09 CAUSE Expect Guidance Below Street Due To Weak Semi Equipment, Flat Panel, Solar End Markets IMPACT Negative For AEIS ACTION Continue To Avoid AEIS, Semiconductor Equipment click to enlarge by Richard Davenport
Advanced Energy Industries, Inc. Q3 2008 Earnings Call Transcript
Seeking Alpha
- 2008-10-23
Question-and-Answer Session Operator Operator instructions The first question is from Brett Hodess. Your line is open. Paul Simons – Merrill Lynch This is Paul Simons for Brett. Just a question on solar; so the jump you had this quarter obviously was from PV deposition and you have...
Advanced Energy Industries Inc. Q1 2008 Earnings Call Transcript
Seeking Alpha
- 2008-04-28
Question-and-Answer Session Operator Operator Instructions. Your first question comes from Timothy Arcuri from Citi. Brian Lee - Citi Hi, guys. This is actually Brian Lee calling in for Tim. I had a few quick things. First thing, is the 5.5 million in annual cost reductions is that...
Advanced Energy Industries, Inc. Q4 2007 Earnings Call Transcript
Seeking Alpha
- 2008-04-07
Question-and-Answer Session Operator Operator Instructions. And our first question comes from C.J. Muse - Lehman Brothers. C.J. Muse - Lehman Brothers First question, can you talk a little bit about flat panel display, the linearity you expect in 2008, and where your lead times are...
iWatt Announces the Acquisition of IKOR from Advanced Energy Industries, Inc.; The Combination of iWatt and IKOR Creates a Supplier of Best-in-Class Integrated Digital Power Technology Solutions for Both AC-DC and DC-DC Applications
- 2005-11-30
LOS GATOS, Calif. -- iWatt, Inc., a leader in digital power conversion IC technology, announced today its acquisition of the IKOR division of Advanced Energy Industries, Inc. (Nasdaq:AEIS). The combination of iWatt's high-performance digital control technology and IKOR's system design expertise will result in a company that provides integrated circuits...
Advanced Energy Industries, Inc. Selects EASY SOFTWARE's Enterprise-Wide Data Archiving and Imaging Solution
- 2001-11-13
Business Editors/Hi-Tech Writers
Additional Resources
Surpassing Their Own Record, Advanced Energy® Solaron® Inverters Achieve the Highest-Ever CEC Efficiency Ratings
- 2009-06-23
Solaron 333 kW and 500 kW models now listed with best-ever 97.5 percent CEC-weighted California Energy Commission efficiency ratings Record-setting efficiencies translate to maximum power and unsurpassed LCOE levelized cost of electricity for commercial and utility-scale inverter customers FORT COLLINS, Colo., June 23 /PRNewswire-FirstCall/ --...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Hans Georg Betz | President and Chief Executive Officer |
| Hans-Georg Betz | Chief Executive Officer |
| C Steve Rhoades | Chief Operating Officer |
| Craig Jeffries | Chief Marketing Officer & Executive Vice President |
| Frederick A. Ball | Chief Financial Officer for Webroot |
| Lawrence D. Firestone | Chief Financial Officer |
| Yuval Wasserman | Executive Vice President, Sales, Service and Mkting |
| James Guilmart | Senior Vice President, Sales |
| Elwood Spedden | Vice President of Kla, Tencor Semiconductor |
| Charles S. Rhoades | Senior Vice President & General Manager, Csi |
| Douglas S. Schatz | Co-Founder |
| Marna Shillman | Director, Global Marketing Communications |
| Jay L. Margulies | Secretary |
| John D Pirnot | General Counsel and Secretary |
| Barry Z. Posner | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Joseph R. Bronson | Chairman |
| Richard P. Beck | Chairman |
| Arthur A. Noeth | Board of Directors |
| Edward C. Grady | Board of Directors |
| Gerald M. Starek | Board of Directors |
| Robert L. Bratter | Board of Directors |
| Thomas M. Rohrs | Board of Directors |
| Trung Doan | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | President and Chief Executive Officer | Current |
| Mattson Technology, Inc. | Director | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
has served as a director since January 2001. Dr. Betz also serves as Chairman of the Company's Compensation Committee. Since August 2005, Dr. Betz has served as President and Chief Executive Officer of Advanced Energy Industries, Inc. Dr. Betz served as Chief Executive Officer of West STEAG Partners from August 2001 until August 2005, as Chairman of the Management Board and Chief Executive Officer of STEAG Electronic Systems AG from January 1996 to July 2001, and as a member of the Management Board of STEAG Electronic Systems AG from October 1992 to July 2001. Dr. Betz served as a member of the Management Board of STEAG AG from January 1997 to July 2001.
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Chief Executive Officer | Current |
| Mattson Technology, Inc. | CEO, Advanced Energy | Current |
| Advanced Energy Industries, Inc. | President | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Mattson Technology, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Chief Operating Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Chief Marketing Officer & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Webroot Software, Inc. | Chief Financial Officer | Current |
| Advanced Energy Industries, Inc. | Chief Financial Officer for Webroot | Current |
| BigBand Networks, Inc. | Chief Financial Officer | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Electro Scientific Industries, Inc. | Board of Directors | Current |
| Borland Software Corporation | executive vice president of corporate development and mergers | Former |
| BigBand Networks, Inc. | Senior Vice President | Former |
| KLA-Tencor Corporation | Vice President of Finance | Former |
| PricewaterhouseCoopers | audit senior manager | Former |
| Organization | Position | Status |
|---|---|---|
| Pressure-Insensitive Mfcs | Chief Financial Officer | Current |
| Advanced Energy Industries, Inc. | Chief Financial Officer | Current |
| Pressure-Insensitive Mfcs | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Applied Films Corporation | Chief Financial Officer | Former |
| Coffee Company, Ltd. | Former | |
| Amtech Systems, Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Executive Vice President, Sales, Service and Mkting | Current |
| Pressure-Insensitive Mfcs | Executive Vice President of Sales, Marketing, and Services | Current |
| Tevet Process Control Technologies, Inc | Chief Executive Officer | Former |
| Tevet Process Control Technologies, Inc | President | Former |
| National Semiconductor Corporation | Former | |
| A&G Associates | Former | |
| Ben-Gurion University of the Negev | Bsc. In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Senior Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Vice President of Kla, Tencor Semiconductor | Current |
| Pressure-Insensitive Mfcs | Vice President of Kla, Tencor Semiconductor | Current |
| Advanced Energy Industries, Inc. | Chairman | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Pressure-Insensitive Mfcs | Board of Directors | Current |
| Photon Dynamics, Inc. | Chief Executive Officer | Former |
| Credence Systems Corp. | President, Chief Executive Officer | Former |
| Credence Systems Corp. | Vice-Chairman | Former |
| Photon Dynamics, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| SatCon Technology Corporation | President & CEO | Current |
| Advanced Energy Industries, Inc. | Senior Vice President & General Manager, Csi | Current |
| Instrumentation.Com | Senior Vice President | Current |
| Control Systems Co. | Senior Vice President | Current |
| Control Systems Co. | General Manager | Current |
| Instrumentation.Com | General Manager | Current |
| SatCon Technology Corporation | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Chief Operating Officer | Former |
| Advanced Energy Industries, Inc. | Executive Vice President | Former |
| Lam Research Corporation | Managing Director of Product Development | Former |
| University of Illinois | Former |
| Organization | Position | Status |
|---|---|---|
| Engineering Measurements Co. | President | Current |
| Advanced Energy Industries, Inc. | Co-Founder | Current |
| Advanced Energy Industries, Inc. | Chairman, President & CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Director, Global Marketing Communications | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Secretary | Current |
| Advanced Energy Industries, Inc. | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | General Counsel and Secretary | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Svtc Technologies, LLC. | Chief Executive Officer | Current |
| Advanced Technology Development Facility, Inc. | Chief Executive Officer | Current |
| Maxim Integrated Products, Inc. | Chairman | Current |
| Jacobs Engineering Group, Inc. | Audit Committee Chair | Current |
| Advanced Energy Industries, Inc. | Chairman | Current |
| Advanced Technology Development Facility, Inc. | Board of Directors | Current |
| California Inc | Board of Directors | Current |
| Sanmina-SCI Corporation | President | Current |
| Sanmina-SCI Corporation | Board of Directors | Current |
| Svtc Technologies, LLC. | Board of Directors | Current |
| American Institute of Certified Public Accountants | Member | Current |
| FormFactor, Inc. | Member, Office of the CEO | Former |
| FormFactor, Inc. | President | Former |
| Jacobs Engineering Group, Inc. | Director | Current |
| Applied Materials, Inc. | Executive Vice President | Former |
| Schlumberger Limited | Group Controller | Former |
| FormFactor, Inc. | Board of Directors | Former |
| Maxim Integrated Products, Inc. | Director | Former |
| Fairfield University | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| TTM Technologies, Inc. | Chairman | Current |
| Advanced Energy Industries, Inc. | Chairman | Current |
| TTM Technologies, Inc. | Director | Current |
| Applied Films Corporation | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Chief Financial Officer | Former |
| Cimage Corporation | Chief Financial Officer | Former |
| Cimage Corporation | Executive Vice President | Former |
| Advanced Energy Industries, Inc. | Senior Vice President | Former |
| Applied Films Corporation | Chairman of the Board | Former |
| Babson College | Master of Business Administration | Former |
| Babson College | Bachelor of Science In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Finesse Solutions | President and Chief Executive Officer of Brooks Automation | Current |
| Integrated Materials, Inc. | President and CEO, Brooks Automation | Current |
| Sunnyvale Heritage Park Museum | Fund Raising Co-Chair & Strategic Planner | Current |
| Finesse Co | Board of Directors | Current |
| Molecular Imprints, Inc. | Board of Directors | Current |
| Finesse Solutions | Board of Directors | Current |
| Electro Scientific Industries, Inc. | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Verigy Ltd. | Board of Directors | Current |
| Brooks Automation, Inc. | Board of Directors | Current |
| Evergreen Solar, Inc. | Board of Directors | Current |
| New Wave Research Incorporated | Board Member | Current |
| Integrated Materials, Inc. | Board Member | Current |
| KLA-Tencor Corporation | CEO | Former |
| KLA-Tencor Corporation | president | Former |
| Propel Partners | Partner | Former |
| Propel Partners | Principal | Former |
| The University of Houston | MBA | Former |
| Southern Illinois University | Bachelor of Science Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Energy Industries, Inc. | Board of Directors | Current |
Thomas Rohrs was appointed as a Director of the Company in December 2004. He became Chairman of the Board and CEO in April 2006 and in February 2009 he became Executive Chairman of the Board. Mr. Rohrs presently serves on the board of Magna Design Automation, Inc., Ultraclean Technologies, and several private companies. In addition, he is an adviser and consultant to a number of companies both public and private. Mr. Rohrs spent five years with Applied Materials Inc., most recently as Senior Vice President, Global Operations, and was also a member of the company’s Executive Committee. Prior to that, he held executive positions with Silicon Graphics, MIPS Computer Systems and Hewlett-Packard Company’s Personal Computer Group. Mr. Rohrs holds a masters degree from Harvard Business School and a bachelors degree in Mechanical Engineering from Notre Dame Unitversity.
| Organization | Position | Status |
|---|---|---|
| Electroglas Inc. | Chief Executive Officer | Current |
| Electroglas Inc. | Chairman | Current |
| Pressure-Insensitive Mfcs | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| Magma Design Automation Inc. | Board of Directors | Current |
| Ultraclean Technologies Corp | Board of Directors | Current |
| Ultra Clean Technology | Director | Current |
| MKS Ion Systems | Board of Directors | Current |
| Ultraclean | Director | Current |
| Advanced Energy Industries, Inc. | Chairman and Chief Executive Officer of Electroglas, Inc. | Former |
| Applied Materials, Inc. | Senior Vice President, Global Operations | Former |
| MIPS Technologies, Inc. | Senior Vice President, Manufacturing and Customer Service | Former |
| Hewlett-Packard Company | group operations manager | Former |
| Applied Materials, Inc. | Senior Advisor | Former |
| Vignani Technologies Pvt Ltd | Chairman | Current |
| Harvard University | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Pressure-Insensitive Mfcs | Board of Directors | Current |
| Advanced Energy Industries, Inc. | Board of Directors | Current |
| University of California | Bachelor of Nuclear Engineering With Honors | Former |
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