Drivetek is an Engineering & Product development company based out of Switzerland. Offers its services for inverters, electric drive solutions, and power electronics and a line of products that include specialized inverters for high-speed electrified turbomachinery. Their expert services include the design & development of power electronics & electrical machines, system engineering, and control software. Drivetek serves Transportation, Automotive, Aviation, Industrial, and energy sectors.
BorgWarner acquired Drivetek for an enterprise value of up to CHF 35Mn, of which they delivered CHF 25Mn at closing, with a balance of CHF 10Mn in the form of contingent payments over the next three years. Frédéric Lissalde, President & CEO of ‘BorgWarner’ says welcoming Drivetek’s skilled team in-house is a significant investment that grows their power electrics capabilities in auxiliary inverters. He adds they expect the growth of their High Voltage eFan business.